Thursday, February 5, 2026
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Life Insurance Company of the Southwest hit with renewed lawsuit over ‘fraudulent sham’ index

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According to the filing, Virani resided in Massachusetts when she purchased an IUL policy in September 2023 with a face coverage amount of $2,767,336. The lawsuit describes the US Pacesetter No Cap Annual Point-to-Point Indexed Strategy, to which Virani allocated 100% of her accumulated value.

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Michael J. Anderson is a U.S.-based fire safety enthusiast and writer who focuses on making fire protection knowledge simple and accessible. With a strong background in researching fire codes, emergency response planning, and safety equipment, he creates content that bridges the gap between technical standards and everyday understanding.

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