Lapse – Walker v LSW Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> (p129-131) – Lapse Q Are you familiar with something known as a policy lapsing? A Yes. Q And what does it mean for a policy to lapse? A To me…

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Sources of Information for Consumers – Walker v LSW Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> (p123) – other ways that potential policyholders could learn .. Tax Benefits <General Info> A I think there are many ways out there if you just…

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Floors – Walker v LSW Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> (p114-5) – zero percent floor concept A So with a policy like an IUL, if the S&P 500, like, say, you know, in 2008 had negative return, an IUL provides…

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Loans – Walker v LSW Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> (p113-114) Q Is this cash accumulation feature that can be then used to take tax-free loans, is that unique to IULs, or do other types of policies afford that option?…

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Compliance Department – Walker v LSW 2011 1107 – DOC 748-2 – Deposition of Donna Morgan – 42p – chief compliance officer for the Life Company Life Insurance Company of the Southwest, and National Life Insurance Company. Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC…

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Knowledgeable People – Walker v LSW Who designs Training Documents for Agents? – Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 – p27 (p103) – Q And are these types of documents made by people with knowledge of the information reflected therein? A Yes.…

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Confusing – Walker v LSW Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> (p100) Q If we could go over to page 30 of this training material, I would like to look at the top two slides on page 30. … A Sure.…

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Coverage Period / Performance / Scenarios / Results – Walker v LSW (p99) – Performance, results – Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> Q Would you read that narration for us. A The guaranteed basis shows how the policy will perform…

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Secrets – Walker v LSW (p182) I mean, the law is not a secret…. 2014 0425 – DOC 813 – Trial Transcript – Day 12 – Walker v LSW – 224p (p17) – THE COURT:  It seems to me that it’s really stretching the duty of the issuer to go into the individual tax situation…

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Living Benefits Rider – Walker v LSW (p82- ) – Living Benefits Rider MR. FOSTER: One other brief issue, Your Honor. In regards to my questioning of Mr. DeSantos when I was asking him about the product, he volunteered information about the living benefits riders. The Court may recall that testimony and may recall that…

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