lsw

Informed Consumer – Walker v LSW Donna Morgan – chief compliance officer for the Life Company Life Insurance Company of the Southwest, and National Life Insurance Company. Q: If you were considering purchasing an equity indexed universal life policy or investing in a mutual fund, would you want to know the costs and expenses of…

Statute of Limitations – Walker v LSW (p96) – Spooner A After reviewing it many times, we decided to surrender the policies. Q So you sent surrender notices in in September of 2008 to LSW? A Yes, that’s correct. Q And your husband did also? A Yes. We both sent in a surrender. Q What…

Reason for Purchase – Walker v LSW (p88) – Spooner Q And what did you think about the tax-free income potential of this policy? A Well, that was the primary reason why we purchased the policy, to have that tax-free income. 2014 0415 – DOC 808 – Trial Transcript – Walker v LSW – 229p

Interest Rate – Walker v LSW (p86) – Spooner Q Did you expect to get the approximately 9.6 interest rate shown in the current basis B values each and every year? A No, not each and every year. That was just the average over time. Q What did you expect that you would get? A…

Life Insurance as Retirement Plan / Savings / Investment – Walker v LSW IUL as Retirement Income Q Would you agree that a policyholder can use an IUL policy through the use of loans and withdrawals to obtain tax-free retirement income? A I do. Q Is that fair to say? A It’s one of the…

Home Equity – Walker v LSW (p73) – Spooner A They went through this series of showing us all the traditional retirement accounts and then presented this private retirement account notion where you could take the equity in your home or your property and use it to set up these accounts where you could take…

Illustration Uses – Walker v LSW (p89-90) – Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> Q Just briefly what is an illustration? A An illustration is something that’s used — it’s a tool. I call it a tool to use with both…

Market Value / Price – Walker v LSW (p45) – Dr. Patrick Brockett A The actual price versus the price as it actually would perform in the market. Q When you say the price as they would actually perform in the market, you refer to that in your report as actual market or market value;…

NAIC – Walker v LSW (p29-30) – Dr. Patrick Brockett Q When you were offering that statement, you don’t actually know what the NAIC regulations require or preclude in terms of what could be disclosed; do you? MR. BROSNAHAN: Objection, Your Honor, as to what the NAIC — THE COURT: Overruled. THE WITNESS: I don’t…

P1 v P2 – Walker v LSW (p20) – Dr. Patrick Brockett A All premium payments are made on time 2014 0415 – DOC 808 – Trial Transcript – Walker v LSW – 229p

Informed Consumer – Walker vs. LSW

Statute of Limitations – Walker vs. LSW

Reason for Purchase – Walker vs. LSW

Interest Rate – Walker vs. LSW

Life Insurance as Retirement Plan / Savings / Investment – Walker vs. LSW

Home Equity – Walker vs. LSW

Illustration Uses – Walker vs. LSW

Market Value / Price – Walker vs. LSW

NAIC – Walker vs. LSW

P1 v P2 – Walker vs. LSW