Consumer Protection in IUL Insurance

Your rights, protections, and resources to ensure you receive fair treatment and make informed decisions about Indexed Universal Life insurance.

Common Risks in IUL Insurance

Misleading illustrations of returns

Understanding these risks helps you make informed decisions and protect your financial future.

Hidden policy charges and fees

Understanding these risks helps you make informed decisions and protect your financial future.

Unsuitable recommendations

Understanding these risks helps you make informed decisions and protect your financial future.

Lack of ongoing policy reviews

Understanding these risks helps you make informed decisions and protect your financial future.

Your Rights as a Consumer

As a consumer of insurance products, you have fundamental rights that protect your interests and ensure fair treatment. These rights are designed to give you transparency, choice, and recourse when dealing with insurance professionals.

Consumer Rights Checklist
Right to clear disclosure
Right to suitable recommendations
Right to fair treatment & resolution
Right to data privacy & security

Regulatory Protections

12 CFR Part 343

Required disclosures (not FDIC insured, risk of value loss)

State Privacy Laws

Protect personal data and security standards

No Tying Rule

Insurance can't be required for loans or credit

NFIA Commitment to Consumer Protection

Agent Verification & Certification

All NFIA agents undergo rigorous background checks and maintain current licensing requirements.

Code of Conduct & Oversight

Strict ethical standards and ongoing monitoring to ensure compliance with industry best practices.

Education & Transparency

Continuous training programs and clear communication about products, risks, and benefits.

Complaint Escalation & Mediation

Dedicated process for addressing concerns and resolving disputes fairly and promptly.

NFIA Contact Information

Verification Hotline

1-800-NFIA-VER

Monday–Friday 8AM–8PM EST

Official Email

info@nationalnfia.org

24–48 hour response time

Headquarters

Washington, DC

Federal District Office

For agent verification inquiries, consumer protection concerns, or professional certification questions, contact the National Federation of Insurance Agents through our official channels listed above.