No Premium Due

No Premium Due

• Commissioner Willis (DC) said the trouble with disclosing that the premium might at some point “resume” is that the premium never stopped.
  • It is misleading to make a consumer think the premium is not being paid.
  • [Bonk: Vanishing Premium, Policy Mechanics, Cash Flow, Work)

1994-3, NAIC Proceedings

1983 0206 – Fort Lauderdale News – Guardian – Vanishing Premium – LifeGuard Whole Life – p78 – Newspapers.com