← Back to settlement blog
Contemporary architecture of office building facade with glass reflections in Portland, Oregon.

Archived Settlement

Pacific Life Insurance ConsumerProtection Settlement 2026

Pacific Life agreed to a $58.3 million class action settlement over misleading illustrations used to sell indexed universal life insurance policies. The settlement benefits individuals who purchased a Pacific Discovery Xelerator policy in California between 2016 and 2019.

ConsumerProtectionKroll Settlement Administration LLCExpired: 4/10/2026Mamboleo v. Pacific Life Insurance Company logo

Key Takeaways

  • Filing deadline: 4/10/2026.
  • Eligibility snapshot: Policyowners, including legal entities, who purchased a Pacific Discovery Xelerator policy issued in California.
  • Proof may not be required for every claimant, but having receipts or account records still improves your filing quality.
  • Settlement administrator: Kroll Settlement Administration LLC.
  • Official claim form is available through an external filing site.

Who Qualifies

Policyowners, including legal entities, who purchased a Pacific Discovery Xelerator policy issued in California.

Class Period

1/1/2016 to 12/31/2019

Documentation

Proof may be optional.

Covered vendors: Pacific Life Insurance Company

Covered products/services: indexed universal life insurance, Pacific Discovery Xelerator

Defendants: Pacific Life Insurance Company

Geographic scope: CA

Full Filing Guide

Mamboleo v. Pacific Life Insurance Company is categorized under consumer fraud & billing settlements, and this guide covers the essential details you need to determine if this settlement applies to you. This matter currently appears active in the FoundMoney directory. If you are evaluating whether to file, the fastest first step is to verify that your purchases, subscriptions, or account activity line up with the class definition and class period.

Pacific Life agreed to a $58.3 million class action settlement over misleading illustrations used to sell indexed universal life insurance policies. The settlement benefits individuals who purchased a Pacific Discovery Xelerator policy in California between 2016 and 2019. The relevant class period is generally described as 1/1/2016 through 12/31/2019. Where administrators publish revisions, amended deadlines, or supplemental notices, this page should be treated as a directional guide and the official claim portal remains the source of truth for filing requirements.

Who should pay close attention: users who purchased covered products/services, maintained affected accounts, or transacted with named defendants during the qualifying window. Purchaser scope is currently listed as Direct. Named or covered vendors include Pacific Life Insurance Company. Covered products/services currently reference indexed universal life insurance, Pacific Discovery Xelerator.

The reported settlement fund is approximately $58,300,000. Individual recovery is usually determined by claim volume, documentation strength, and any pro-rata formula approved by the court. In many settlements, payout timing can range from several weeks to multiple months after claim validation. Filing early and submitting complete information often helps avoid avoidable delays when administrators perform audits or deficiency checks.

Documentation may not be mandatory for all class members, but submitting purchase records can still help reduce follow-up requests. Current eligibility language: Policyowners, including legal entities, who purchased a Pacific Discovery Xelerator policy issued in California. Filing deadline tracking matters because late claims can be rejected automatically; plan to submit by 4/10/2026 unless the administrator publishes an extension.

Practical filing workflow: confirm your transactions, gather supporting records, submit the online claim form, and store your confirmation number for follow-up. If you are uncertain on edge cases, contact the administrator directly at the support channels listed on the official site. Check back periodically for updates as new information becomes available. You can also browse related settlements in the Consumer Fraud & Billing Settlements category.

If you have additional questions about the Mamboleo v. Pacific Life Insurance Company settlement, contact Kroll Settlement Administration LLC directly. Filing early and providing complete documentation is the most effective way to avoid delays. You can compare this settlement with other active cases in the Consumer Fraud & Billing Settlements category.

See all active consumer fraud settlements to compare this case against related active settlements in the same category.

Settlement FAQs

What is the Mamboleo v. Pacific Life Insurance Company class action about?

The class action lawsuit involves allegations that Pacific Life used misleading illustrations to sell indexed universal life insurance policies, specifically the Pacific Discovery Xelerator policy, resulting in inflated profitability representations.

Who is eligible to file a claim in this class action settlement?

Eligibility is limited to policyowners, including legal entities, who purchased a Pacific Discovery Xelerator policy issued in California between January 1, 2016, and December 31, 2019.

What is the total amount of the settlement?

The total settlement amount is $58.3 million.

Is proof of purchase required to file a claim?

No, proof of purchase is not required to file a claim.

What is the deadline to file a claim?

The deadline to file a claim is April 10, 2026.

How can I file a claim for the settlement?

You can file a claim by visiting the settlement website at IllustrationSettlement.com.

What benefits can class members expect from the settlement?

Class members with in-force policies may receive a credit to their policy’s accumulated value, while those with terminated policies can receive term life insurance coverage for three years, up to $25 million in relief.

Will I receive a specific amount from the settlement?

The potential individual reward varies and will be determined based on the ratio of each class member's premiums paid compared to the total premiums paid by all class members.

What should I do if I want to exclude myself from the settlement?

If you wish to exclude yourself from the settlement, you must do so by the deadline of April 10, 2026. Specific instructions for exclusion can be found on the settlement website.

Where can I find more information about the settlement?

More information about the settlement can be found on the official settlement website at IllustrationSettlement.com or by visiting the source link at topclassactions.com.

Official Filing Links

Source: settlement source page

Reviewed By

AH

Addison Hoff

Creator, FoundMoney.dev

Addison leads FoundMoney's public settlement research workflow and reviews summaries before publication.

Last reviewed: 2/21/2026

LinkedIn Profile

Ready To File

This case is archived

You can still review requirements and related active settlements.