How the Policy Works - Walker v LSW

  • (p157) - Bucket - <Trowbridge> / How the Policy Works - <WishList - Exhibit 632>
    • Q Mr. Cooper when he was providing this generic discussion of these insurance options, he actually talked to you about insurance mortality and expense charges; correct?
    • A I don't recall him talking about that.
    • Q Okay. Well, let's pull up Exhibit 632 which I believe is already in evidence. If we go to page 362 on the bottom. We've looked at this, what we call, the bucket diagram for lack of a better term.
      • Do you remember that?
    • A Yes, I do.
    • Q Did you look at this bucket diagram back in 2007?
    • A I looked at it briefly.
    • Q Did Mr. Cooper discuss this bucket diagram with you to help you understand how the policy worked?
    • A No. He was focusing on how the money would come out of the residence and go into this bucket, and out of this bucket would come money to fund the policy.  <Howlett>

2014 0416 – DOC 809 – Trial Transcript – Walker v LSW – 236p