No Premium Due

  • Commissioner Willis (DC) said the trouble with disclosing that the premium might at some point "resume" is that the premium never stopped.
    • It is misleading to make a consumer think the premium is not being paid.
    • [Bonk: Vanishing Premium, Policy Mechanics, Cash Flow, Work)

1994-3, NAIC Proceedings


1983 0206 - Fort Lauderdale News - Guardian - Vanishing Premium - LifeGuard Whole Life - p78 - Newspapers.com