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Last updated on July 5th, 2024 at 01:23 pm
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Regrann from @topclassactions – Hey!⠀
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If you #own or #owned a #JohnHancock Flex V2 #Life #Insurance #Policy, your rights may be affected by a near $60 #million #classaction #settlement.⠀
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John Hancock #LifeInsurance Company (USA) has agreed to #settle a class action #lawsuit challenging the #cost of insurance charges deducted from policyholders’ account values.⠀
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Class Members who #purchased their policies on or after Jan. 1, 1997 will receive a payment of $50 to $5,350. The average #cash #payment will be approximately $630.⠀
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Class Members who purchased their policies on or before Dec. 31, 1996 will receive a payment of $25 to $975. The average payment will be approximately $120.⠀
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Settlement Class Members will automatically receive #money unless they opt out by April 30, 2018.⠀
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More information can be found here or by clicking the link in our bio:⠀
https://topclassactions.com/lawsuit-settlements/lawsuit-news/839429-john-hancock-life-insurance-policy-class-action-settlement/
