Packets
- In a Universal Life policy, you can choose a flexible premium payment pattern as long as you pay enough to keep your policy in force."
- Evaluate the Future of Your Policy
- Does your policy have a cash value?
- Ask your insurance agent, financial advisor, or an insurance company representative for an illustration showing future values and benefits
Life Insurance Buyer's Guide - © 2018 National Association of Insurance Commissioners
Ms. Winer said that disclosure is helpful, but only if it is meaningful.
2019 0917, NAIC LIIIWG Proceedings (Fall, 6-77)
- In my experience very smart people don't really know what all the components mean.
- I feel like it does lead to confusion.
- So, I think ... if you can refer to the eventual illustration and just show the cash value.
-- Teresa Winer (Georgia)
2019 0917, NAIC LIIIWG - <Bonk>
2008-Legal-Case-Blumenthal-v-NYL-Defendant-Expert-Report-Illustration-at-issue-Graph-p17of24 Universal Life Policy with Secondary Guarantees
- According to the Illustration, "[c]ash value accumulation is important because it is used to pay insurance costs and other charges (monthly deductions) necessary to keep the policy in force...
2008 - Legal Case - Blumenthal v New York Life
PLAINTIFF'S RESPONSE TO DEFENDANT'S MOTION FO..R SUMMARY JUDGMENT AND BRIEF IN SUPPORT
Case 5:08-cv-00456-F - Document 85 - Filed 06/01/10 - Page 10 of 37