Premium – Consumer – Universal Life

  • The agent said that Universal Life policy premiums would stay the same, but I came to realize that this is not true of our policies.
    • …what bothers me is that I am afraid that this same misleading information may be the basis of my children’s and grandchildren’s … planning…  (p13)

—  Statement of Gloria Darleen Newberry, Policyholder

1993 0525 – GOV (Senate) – When Will Policyholders Be Given The Truth About Life Insurance?, Howard Metzenbaum (D-OH)  —  [BonkNote]

  • Also, because most people presume that if you pay your premium continuously, your policy will remain in effect, quite a few people had a hard time understanding how or why the policy would terminate in policy year 31.
  • This was simply foreign to their way of thinking.

1990-1A NAIC Proceedings – NAIC LIMRA – Universal Life Disclosure Form Test Market Results – 10p – Consumer Testing

  • recent news youtube video
  • GOV – Consumer handbook
  • LIBG
  • 2016 – LC – Vogt v. State Farm  —  [BonkNote]