Universal Life Increased Cost of Insurance Free Legal Advice Near You. Find Answers And Ask Legal Questions From Your Own Community. › Category: Bankruptcy and Debt › Universal Life Increased Cost of Insurance 0 Vote Up Vote Down asked 6 years ago Author: Ronald F. Rak Penn Mutual Life Universal Life Policy. Purchased in 1981. Has there been any class action lawsuits againt Penn Mutual Life for absorbent cost of insurance increases? Please login or Register to submit your answer Username or Email Address Password Remember Me