“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:

    • 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
    • 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:



Universal life policyholders from any company (UL, IUL, VUL, and Group UL/VUL)

Financial planners

Wealth Manager/Wall Street

Who are invested (stocks or bonds) in the life insurance sector



A beneficiary (individuals or charitable entities) on a universal life policy.



CEO or human resource executive that currently offers Group UL/VUL in the employee benefits package

estate planners

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

Verified Purchase

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

Verified Purchase

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.