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Pacific Life

Pacific Life has agreed to a $58.3 million class action settlement regarding allegations of misleading illustrations used in selling indexed universal life insurance policies.

ClosedCalifornia onlyClaim status: Closed on April 10, 2026Payout: VariesNo longer claimable

About this settlement

Allegations of misleading illustrations in the sale of Pacific Life indexed universal life insurance policies in California.

This class action settlement addresses claims that Pacific Life used misleading illustrations when selling its indexed universal life insurance policies, specifically the Pacific Discovery Xelerator policy, to California residents.

Who qualifies

  • Policyowners, including legal entities, who purchased a Pacific Discovery Xelerator policy.
  • Policies must have been issued in California.

Varies

Claim status: Closed on April 10, 2026

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