Agents – Page 5 – [BonkNote]

Jeffrey Stemler Why would you pay any more? The Retirement Miracle by Patrick Kelly Life Insurance Agent 2015 – Walker vs Life Insurance Company of the Southwest – TRIAL DAY 11 – Case 2:10-cv-09198-JVS-JDE Document 820 Filed 12/01/15 Page 40 of 279 Page ID # 33532 2020 – Math or Magic? – [LINK] 2020 – New Rules…

1990s – Agent – Snippets (p117) – If the life insurance industry were serious about offering competitively priced policies to consumers, it would ask itself why total life insurance premium receipts of all U.S. companies in 1990 is less than the sum of new premium purchases over the last 9 years. Why does it appear…

Advice Incidental Advice Thomas v. Metropolitan Life Insurance Company, Case No …Aug 31, 2009 — This policy was a variable universal life insurance policy. The Third … advice “solely incidental to” the conduct of business as a broker or dealer. … under the IAA if the advice they give is “solely incidental to” their broker activities and they receive…

Agents – Consumer Interaction Sad to say there are large numbers of producers – including big earners – who are screwing the insurance buying public through their own ignorance. (p161) — Arthur Shievitz, Letter 1991 0613 – GOV (House) – Insurance Competitive Competitive Pricing Act of 1991 – [PDF-237p-GooglePlay, Larry Gorski of the Illinois department…

Agent – Recruiting It could be said that there are two basic ways to acquire a sales force- one is to build your own and the other is to buy trained manpower. — C. David Silletto 1967 – SOA – New Company Problems, Society of Actuaries – 38p N. T. FUHLRODT, speaking on section A,…

Agent – Training Agent Training – Walker v LSW Focus on professional sales training. Insurance carriers have not focused on training for years, Weber said, and there is a whole generation that does not know how to sell professionally. [Bonk: Weber = Richard Weber] 2012 1116 – ThinkAdvisor – 11 ways to sell IUL more ethically, By…

Agent – Knowledge I do not think agents understand the product. — Robert D. Hogue, Senior Vice President and Chief Individual Actuary at Maccabees Mutual 1982 – SOA – The Universal Life Update (rsa82v8n22), Society of Actuaries – 16p For a company such as Prudential with thousands of agents, most of whom are not very sophisticated, getting the…

Confusion After receiving these notices, John (Policyowner) contacted Glasgow (Agent) who had retired in 2000, to inquire why his policies would be terminating, even though he had timely paid the premiums on the policies for approximately 18 years. (p5) 2010 – LC – Maloof v John Hancock – 60 So. 3d 263 – Ala: Supreme…

Meaningful Disclosure Teresa Winer (GA) said that disclosure is helpful, but only if it is meaningful. 2019 0917 – NAIC Proceedings (Fall, 6-77) – LIIIWG – Life Insurance Illustrations Working Group …. would they know what that really means in terms of the risk to them and how it would interact with…… — Brian Brosnahan,…

Agents – Snippets 1990s – Agent – Snippets Q Well, the focus on income payments, what he would get after retirement — A You mean policy loans is what we’re talking about. Q All right. The letter refers to income payments, correct? A Um hum. Yes. Q Is there any reference there to policy loans?…