South Florida Insurance Fraud Lawyers
Florida has some of the strictest insurance fraud laws in the country. We are currently representing clients that were defrauded by their insurance agents, financial advisers, and stock brokers in insurance transactions involving: Viatical Settlements; Life Settlements; and Stranger Originated Life Insurance or ("STOLI") transactions.
We have been seeing more and more stockbrokers and financial advisers having their clients purchase large universal life insurance policies with the promise of a big profit on resale after the two year contestability period passes. There is a promise that the profit from the sale would not only cover the premiums but would put a profit in the insured's pocket with enough money to purchase another policy and do it all over again. Unfortunately, these brokers are over promising and grossly over representing the legality and liquidity of the resale of the insurance policy especially when it was purchased for the sole purpose of reselling. Part of this scam may include falsifying medical records. We have seen many similar violations with respect to life settlements and STOLI transactions. If you have been a victim of this fraud contact an insurance fraud attorney at 888-760-6552 for a free consultation.
We stand up and fight for the rights of consumers. Representing Insurance Fraud Victims in Federal Court, State Court and before the Financial Industry Regulatory Authority ("FINRA").
