Benefits - Consumer Representatives

􀁸 How much do the benefits build up in the policy?

􀁸 How will the timing of money paid and received affect interest?

2018 - LIBGWG - Cude Letter / Markup Life Insurance Buyer's Guide - Revised 2-9-18 for discussion on conference call 2-22-18

  • 1994-2, NAIC Proceedings - June 13 -
    • Mary Griffin (Consumers Union) - asked about Section 2 and the phase "misrepresenting the benefits of the life insurance policy."
      • She said the commissioner might already have the authority under current law to deal with misrepresentations.
      • Mr. Wright directed her to the drafting note after Section 3, which discussed commissioners' authority.