“Lapsed: The Universal Life Insurance Whistleblower”
An industrywide expose of Universal (UL) , Variable Universal (VUL), Index Universal (IUL) and Group UL/VUL policies.
In Lapsed, you’ll learn the following:
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- How to order your “in-force illustration,” the policy projection.
- The multiple product design flaws that will cause your “permanent” policy to lapse while you are still alive
- How your advisor and insurer maximized their commission leaving you with a poorly “funded” policy destined to lapse
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The book is written in 8.5 X 11 (letter-size) to accommodate the illustrations that do not render well on a tiny Kindle.
You must read this book if you are:
Policyholders
Universal life policyholders from any company (UL, IUL, VUL, and Group UL/VUL)
Wealth Manager/Wall Street
Who are invested (stocks or bonds) in the life insurance sector
Beneficiaries
A beneficiary (individuals or charitable entities) on a universal life policy.
Corporations
CEO or human resource executive that currently offers Group UL/VUL in the employee benefits package
Estate Planners/High Net Worth
Someone who has done estate planning or premium financing with universal life
CPA/Financial Advisors
Whose clients own these policies- you must alert them to their risk
5.0 out of 5 stars Revealing book!
Reviewed in the United States on August 1, 2023
Great! Finally someone who explained the universal life mess correctly. Yes. His explanation of the in force illustration is something my advisor never told me about. Do yourself a favor and order one.
5.0 out of 5 stars The hard truth
Reviewed in the United States on August 2, 2023
Whistleblowers are a rare breed. Thank you for exposing the hard truth!
5.0 out of 5 stars This book changed my LIFE (insurance policy)!
Reviewed in the United States on August 6, 2023
This book is a must-have if you own a universal life insurance policy. I can’t imagine anyone who has this keeping their policy after completing the “scorecard” that Moas offers in the book.