Does This Policy Contain Hidden Costs?

October 11, 2013

Important Information

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At A Glance

This Alert Affects
Consumers who purchased the Hartford Stag Variable Life Last Survivor II policy.
Damages
It has been alleged that this policy contains certain hidden cost components.
Company(ies)
Hartford
Additional Details
In variable policies with a death benefit guarantee, the standard guarantee amount is equal to the full face value of the policy. In the Hartford Stag Variable Life Last Survivor II policy, it is said that the policyholder has the chance to set the guarantee amount to zero or any part of the face value ranging from 20% to 100%.