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Teresa Meyer Facing an Investor Dispute Regarding a VUL

Teresa Meyer (CRD #: 1059009), a broker registered with FBL Marketing Services, has a new investor dispute on her record, according to BrokerCheck, accessed on May 9, 2022.

On February 22, 2022, an investor alleged that he was informed his variable universal life insurance contract would not be honored unless he increased his premiums and deposited cash into the policy. He surrendered the policy and now alleges that Teresa Meyer did not provide him with accurate information.

Variable Universal Life insurance policies (VULs) come with a variety of fees and can easily lose money. They are also prone to lapse, which makes the advantage of the death benefit disappear.

The investor sought $180,000 but the dispute was denied. Investors should know that firms can deny their claims without any external review.

Background Information

Teresa Meyer has passed the following exams:

  • Series 63 Uniform Securities Agent State Law Examination
  • Series 7TO – General Securities Representative Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 Investment Company Products/Variable Contracts Representative Examination
  • Series 26 Investment Company Products / Variable Contracts Principal Examination

She is a registered broker and investment adviser in Iowa.

In addition to FBL Marketing Services (CRD #: 5309), Teresa Meyer is also registered with FBL Wealth Management (CRD #: 291396). She has also worked with FBL Investment Management Services (CRD #: 5308).

Kurta Law Can Help

If you worked with Teresa Meyer and you have concerns about your investments, please contact us today at 877-600-0098 or for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.