If you purchased a Pacific Discovery Xelerator indexed universal life insurance policy (a “PDX Policy”) issued by Pacific Life Insurance Company in California, a class action lawsuit and proposed settlement may affect your rights.
Please read this website carefully.
Please click here to download a full copy of the Notice
Haga clic aquí para descargar una copia completa del aviso
请点击此处下载通知全文。
A California court authorized this Settlement Website. This is not a solicitation from a lawyer.
Si usted adquirió una póliza de seguro de vida universal indexada Pacific Discovery Xelerator (una "Póliza PDX") emitida por Pacific Life Insurance Company en California, una demanda colectiva y una propuesta de acuerdo pueden afectar sus derechos.
如果您在加利福尼亚州购买了由太平洋人寿保险公司 (Pacific Life Insurance Company) 承保的 Pacific Discovery Xelerator 指数型万能寿险保单，⼀项集体诉讼和拟议和解⽅案可能会影响您的权利。
PARA INFORMACÍON EN ESPAÑOL, LLAMAR O VISITAR NUESTRO WEBSITE WWW.ILLUSTRATIONSETTLEMENT.COM
如需简体中文信息，请致电或访问我们的网站 WWW.ILLUSTRATIONSETTLEMENT.COM
- This website relates to the Settlement in a class action lawsuit pending in the Superior Court of the State of California in and for Orange County, known as Mamboleo v. Pacific Life Insurance Company, Case No. 30-2021-01208045-CU-BT-CXC (“this case,” or “the lawsuit”). If you received a Notice about the Settlement in the mail, or an e-mail from the Settlement Administrator directing you to this website, you have been identified as a potential member of the Settlement Class in the lawsuit.
- The lawsuit was filed on behalf of persons who purchased in California a Pacific Discovery Xelerator indexed universal life insurance policy (sometimes called “PDX” or “PDX Policy”) from Pacific Life Insurance Company (“Defendant” or “Pacific Life”). The PDX Policy was offered for sale between 2017 and 2019, and a few PDX Policies were issued with a policy date in late 2016.
- In the lawsuit, Plaintiff claims (among other things) that the marketing materials and illustrations used to sell the PDX Policy were misleading. Defendant denies that it violated the law or that it has harmed policyowners in any way. The two sides disagree about which side would have won at trial.
- The proposed settlement of the class action lawsuit (“Settlement”) provides benefits to participating Settlement class members. The benefits will vary depending on the status of your PDX Policy and other factors explained on this website.
- If (a) the Settlement is approved, (b) your PDX Policy is In-Force as of October 31, 2025, and (c) your policy remains In-Force through the date when Settlement benefits are distributed (the “Distribution Date”), you will receive an increase to the Accumulated Value credited to the fixed account of your PDX Policy.
- If the Settlement is approved and your PDX Policy either (a) is terminated as of October 31, 2025, or (b) is surrendered or lapses between October 31, 2025 and the Distribution Date, you may be eligible to receive term life insurance for three years at no cost to you.
- If (a) the Settlement is approved, (b) your PDX Policy is In-Force as of October 31, 2025, and (c) your policy remains In-Force through the date when Settlement benefits are distributed (the “Distribution Date”), you will receive an increase to the Accumulated Value credited to the fixed account of your PDX Policy.
- If you are in the Settlement Class, your legal rights will be affected by the Settlement of this lawsuit whether you act or do not act. Please read the Notice carefully. It explains the lawsuit, the Settlement, and your legal rights. It also explains how to receive the Settlement Relief, exclude yourself from the Settlement, or object to the Settlement, and the deadlines for each.
YOUR LEGAL RIGHTS AND OPTIONS UNDER THE SETTLEMENT | |
Do Nothing | If you do nothing and you fall within the Settlement Class (defined in the Notice), you will remain a member of the Settlement Class and remain eligible to receive Settlement Relief. However, you will also give up the right to file your own lawsuit against Defendant regarding the issues raised in the lawsuit.
Class Members With an In-Force Policy. If you do nothing, you will receive an increase to your PDX Policy’s Accumulated Value so long as your policy remains In-Force through the Distribution Date. If the Settlement is approved, and you own an In-Force Policy as defined in the Settlement, you do not need to do anything because this relief is automatic.
Class Members with a Terminated Policy. If you do nothing, you give up the right to receive a term life insurance benefit. |
| Submit a Term Insurance Application | If you had a PDX Policy that was or becomes terminated before the Distribution Date under the Settlement and the insured is still alive, you are eligible to apply for term life insurance coverage on the same insured person for three years. You must submit a Term Insurance Application here. |
Exclude Yourself | You may exclude yourself from the Settlement. If you exclude yourself, you will not receive any Settlement Relief. By excluding yourself, you will not release any claim you may have against Defendant. |
| Object to the Settlement | If you do not like the Settlement and you do not exclude yourself from the Settlement Class, you may tell the Court why you believe the Settlement should not be approved. |
- These rights and options – and the deadlines to exercise them - are explained in the Notice and on this website.
- The Court in charge of this case still has to decide whether to approve the Settlement. Settlement Relief will be available only if the Court finally approves the Settlement, which may take some time. Please be patient. Additional information about the lawsuit, the Settlement, and your rights can be found on this website.
DO NOT ADDRESS ANY QUESTIONS ABOUT THE SETTLEMENT TO THE COURT OR THE CLERK’S OFFICE. THEY ARE NOT PERMITTED TO ANSWER YOUR QUESTIONS.