Fraudulent Life Insurance Policy sold in 1986 by NY Life

I had purchased a whole life policy in 1986 thru an agent in Chicago who informed me that I would be required to make the payments for first 5 years at a highr rate and subsequent to that i will not need to make any futre payments and I would be covered for the life.

But to my astonishment, I was informed by NY Life that I had to continue paying the premiuns even after the payments that I was required to make for the first few years.

Later, I had to relocate abroad for a few years.

I have now learnt that a class action suit was filed against the company and most of the people recovered their settlement from the company.

I did not learn of this settlement until recently as my agent or the company failed to inform me.

I have recently talked to the agent and even written to the company but they do not seem to respond.

I would appreciate any help so that I get justice in this matter.

Thanking you.

- Ashok