Consumer group calls on life insurers to improve flexible premium policy practices
December 23, 2025 by Brooke Lacey
The Life Insurance Consumer Advocacy Center (LICAC) is asking life insurance companies and agents to improve communication and transparency practices regarding flexible premium policies.
Flexible premium policies are part of universal life policies. Regulations require that whatever a consumer pays into a policy be referred to as a ‘premium,’ regardless of how the amount was determined or whether it will be enough to maintain the policy for the long term.
Originally Posted at InsuranceNewsNet on Dec 18, 2025 by Brooke Lacey.
Categories: Industry Articles
