Vermont judge sides with National Life on IUL illustrations lawsuit
January 20, 2026 by John Hilton
A Vermont judge sided with National Life companies in a lawsuit over an indexed universal life policy that returned 0%.
Chief District Judge Christina Reiss awarded summary judgment for National Life on breach of contract, deception, and racketeering claims made by Sanya Virani, of Indiana. However, the judge gave Virani 20 days from Monday to refile an amended complaint.
Wink’s Moore on the Market: YES!
I KNEW it was going to go down this way.
The judge in that National Life indexed life lawsuit has ruled in National Life’s favor.
Why?
She said the plaintiff, “failed to state a valid claim that she was deceived during her life insurance purchase.”
Further, “Plaintiff does not assert that the Illustration or Policy contained any steering language that induced her to obtain the Policy and deposit her Accumulated Value into one Index rather than another.”
ABSOLUTELY!
No mention of the fact that the policy and illustration clearly state that the client may earn as little as 0% in any given year, but I am sure that National Life is pleased to be done with this nonetheless. -sjm
