Many agents sell indexed universal life insurance dishonestly. IUL are permanent policies which are often sold with exacerbated projection and inflated promises. IUL products have a lot more risk than whole life, and oftentimes that risk is not explained to the prospective insurance buyer. The product is hard to understand and the sales illustrations are […]
Category: Insurance expert witness
DOLAN MEDIA NEWSWIRES
Dolan Media Newswires 01/22/2010 Small Business Retirement Plans Fuel Litigation Small businesses facing audits and potentially huge tax penalties over certain types of retirement plans are filing lawsuits against those who marketed, designed and sold the plans. The 412(i) and 419(e) plans were marketed in the past several years as a way for small business […]