Posts Tagged “Manulife”
A potential court ruling allowing payments to increase on Variable Rate Mortgage as interest rates rise could lead to huge costs and even bankruptcy to consumers who have selected this type of mortgage. In an era of low interest rates, consumers were induced into buying homes they sometimes could not afford by being offered…
I am dedicating this text to Jim Ruta and friends who believe that the insurance industry does not need more and better regulations… LEARN ABOUT THE UNIVERSAL LIFE SCAM: http://www.amazon.ca/Unraveling-Universal-Life-Richard-Proteau/dp/1503246167 Four advisors who broke the same law; four advisors who received totally different sanctions for the same infractions. The differences in the…
Mr. Louis Stephane Rousseau Manulife Re: My Innovision Policy 895xxxx Dear Mr. Rousseau: On May 2006, Manulife issued a life insurance policy called Innovision on my life, policy number 895XXXX on my life (Richard Proteau) where my obligations and rights are listed under the policy contract number 895XXXX. Under the…
Learn more about the Universal Life Scam: http://www.amazon.ca/Unraveling-Universal-Life-Richard-Proteau/dp/1503246167 In 1966, the Carter Report made a series of recommendations in overhauling the Income Tax Act including changes to the taxation of life insurance. The main recommendation pertaining life insurance policies was: “3) In general, investment income accumulated for the benefit of the policy holder…
The following text is the first part of an example of a legal action (whether it is an individual action or a class action) in regards to the sale of an insurance product called Universal Life. The goal is to increase the chances that such actions succeed against an insurer by giving access to…
The prevalent belief is that a life insurance illustration is not a legal document. Life illustration is therefore perceived to be an advertisement to show the performance of a life policy. Learn about the Universal Life Scam by buying this book at http://www.amazon.ca/Unraveling-Universal-Life-Richard-Proteau/dp/1503246167 . Determine the true value of life insurance…
Because of Yan Paquette, Manulife has still not been held responsible for thousands of infractions … (Richard Proteau 2015) It is undeniable that the public has lost confidence in the professionalism, integrity and objectivity of our justice system. This explains why some lawyers believe that the law and ethics are unnecessary and only…
