If You Own or Owned a Brighthouse Policy Issued in Georgia on Form ULXP86 or ULXP88, a Class Action Lawsuit May Affect Your Rights.
A Brighthouse Form ULXP86 policy owner sued Brighthouse concerning cost of insurance charges deducted from policy owners’ account values.
The Court has allowed the Lawsuit to proceed as a class action with respect to certain claims on behalf of all current and former policy owners of Brighthouse Form ULXP86 and ULXP88 policies issued in Georgia whose policies were in force on or after March 14, 2014 and who were subject to at least one monthly cost of insurance charge deduction, subject to certain exclusions.
The Court has not decided whether Brighthouse did anything wrong. Brighthouse has denied and continues to deny each and all of the claims alleged by Plaintiff in the Lawsuit. There is no judgment against Brighthouse, no money available now, and no certainty there will be. However, your legal rights are affected, and you have a choice to make now: