This website provides information about a proposed settlement of class action pending in the United States District Court in the Central District of California. The class action was brought on behalf of owners of “ValuLife” and “ValuTerm” universal life insurance policies issued by Conseco. Plaintiffs assert claims based on Conseco’s implementation of cost of insurance (“COI”) rate changes for the Policies commencing in November 2011. Conseco denies any wrongdoing.
Please refer to the tabs on the left for further information, including Settlement documents and key dates.
You may also call the toll-free Conseco Life Class Action Information Line at 1-866-403-0686 Monday through Friday from 8:00 a.m. to 5:00 p.m. CST.