Policy Mechanics / Cash Flow Elements - Walker v LSW

(p171) - The fact that we charge people fees that we have disclosed and that fees reduce the value of your policy, and if your policy keeps reducing in value, it will lapse, is not a fraud.

  • That's common sense.
  • That's how life insurance works.

2014 0425 – DOC 813 – Trial Transcript – Day 12 – Walker v LSW – 224p