• Many insurance companies even have a way to get a consumer's money without the consumer ever knowing about it.
• Most policies have a clause that allows the company, without telling the policyholder, to dip into the savings component of their life insurance policy.
• This can happen, for instance, when a consumer stops paying on a policy because he or she believes that the policy is paid up.
• Then, without even telling the  policyholder, the company can raid the savings to pay itself more premium.  (p3)

--  Senator Howard Metzenbaum 

1992 0623 - GOV (Senate) - Consumer Disclosure of Insurance - [PDF-323p-GooglePlay,