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@ktl549 If he did indeed have life insurance, yes - the beneficiary can absolutely claim the death benefit regardless of how much time has passed since death. Assuming the policy was still inforce at the time of death. When I first got into the industry over a decade ago - the company I was...

@missmae Is this all you’ve been shown/given? These are only ledger pages. I could be wrong about this.. but these appear to be extracted values from an excel and put into their own ledger presentation but it is missing critical info — like the illustrated rate of return. The full illustration...

@missmae Mutual carrier vs stock carrier A Mutual company is policy holder owned A Stock company is just like any other publicly traded entity

@columbia1990 Others here have done a great job of explaining term vs permanent… your agent says you can pull money from the term? That’s a bit odd… unless it’s a return of premium type of rider. What those riders may do is give you certain years where you can surrender the policy and receive a...

@missmae What rate of return is this illustrated at? This is very, very important… What is the floor? 0% or 1%? What kind of bonuses are being illustrated? Are they guaranteed bonuses or non-guaranteed bonuses? Non-guaranteed bonuses would mean the carrier can make changes to them (usually...

@tamimolina888 That doesn’t seem totally unreasonable - how long has the policy been inforce? If you are concerned, I would go back to your employer - tell them your concerns. Ask if it’s possible to get a policy review done at the next policy anniversary that stress tests the product at...

@kumari5050 Collecting medical records is the biggest pain in the arse… Doctors offices/hospitals tend to not prioritize these requests. And some will even outsource this task by using “copy services” - which are even slower and notoriously a total nightmare to work with. Luckily it seems that...