Laura Hanson
- 2018 0312 - NAIC Proceedings - LIBGWG, Life Insurance Buyer's Guide Working Group - Conference Call NAIC Proceedings
- The Working Group discussed language suggested by the ACLI defining the different kinds of life insurance policies for inclusion in the section titled, “Compare Different Kinds of Life Insurance.”
- Laura Hanson (Academy) expressed concern that, in the effort to provide a brief overview, the definitions are not wholly accurate.
https://www.bonknote.com/universal-life-descriptions/ https://www.usa.gov/personal-insurance Whole (or universal) life insurance policies are considered permanent. As long as you pay the premium, the policy is in effect
- Law Review - No-Reading Problem
- 2018 0205 - NAIC - LIBWG, Life Insurance Buyer’s Guide, Conference Call
- ⇒ Laura Hanson, Academy of Actuaries, suggested leaving out details if the information is something the consumer will undoubtedly find out and focus on information that could be missed.
- Ms. Kitt and Ms. Cude said they are concerned with eliminating information on the basis that the consumer will find out eventually.
- [Bonk: 2010 - LC - Blumenthal v. New York Life
- Phillip E. Stano, Defense Attorney for New York Life:
- ⇒ Laura Hanson, Academy of Actuaries, suggested leaving out details if the information is something the consumer will undoubtedly find out and focus on information that could be missed.
⇒ Blumenthal v New York Life - Blumenthal Deposition