Q: Does It Matter If The Policy Lapses? - LIRPs

  • Sean Covi
  • TransAmerica 
  • 2023 0927 -  Premier Marketing - Transamerica: IUL Products and Illustrations - [VIDEO-YouTube-01:01:03]
    • Jeremiah Tacker, Regional Vice President with Transamerica
    • 9 - Not sold for Death Benefits, if you want life insurance for Death Benefit buy Whole, Term. Bought for Cash Value - [LIRP]
    • 17 - We don't care if the Death Benefit stays in force or not
  • 18. If l discuss the policy loan features of Paragon or Provider with my clients, I tell them that if they have policy loans outstanding, they need to keep their policy in force, or they may face very substantial tax liabilities.

--  Declaration of Sean L. Covi, Agent - Doc 258 - 2010 0710 - 11p

2000s - LC - Walker v LSW (Life Insurance Company of the Southwest) ---  [BonkNote]