Insurance Company Issued Incorrect Illustration to Client.

For years I have had the insurance company run current illustrations for my client annually. Recently my client decided to surrender his ul policy.

A recently run current illustration provided by the insurance carrier shows that he should have $9000 additional guaranteed value than his actual surrender value.

Apparently, the illustration information was inputted wrong by the insurance company and may have been wrong for the last several years. These illustrations were sent to my client and me by the insurance carrier

Has this happened to anyone else? My GA tells me it does happen a
Source of insurance-forums.net

Comments