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Several years back, AmFam had an agent convention, for their top producers, in Daytona Beach (in the 90's). One of the agent's girlfriend drowned in the ocean at 2:00 AM in the morning. He had two(2) life insurance applications pending on her, totaling 2 million dollars.

Be careful of abusive 419(e) welfare benefit plans
MARCH 24, 2015
Originally posted on 419.Tax:

accounting-today-logo BY LANCE WALLACH AND RONALD H. SNYDER

Life insurance agents and companies have always tried to find ways of making costs paid by business owners tax deductible.

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Lance Wallach CLU, CHFC, Leading Speaker, Author on Taxation | Life Insurance Litigation and Expert Witness
1 month ago
Announcement from American Tax Experts

Lance Wallach

CLU, CHFC, Leading Speaker, Author on Taxation | Life Insurance Litigation and Expert Witness

PostPosted: Tue Feb 24, 2015 8:40 pm Post subject: 419 412i section 79 scams
As an expert witness lance wallach has never lost a case so when you get sued on the above google lance wallach who is all over the net.

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After an auto accident in Florida that was the other driver's fault (David Lake) nearly killed and permanently disabled me, State Farm, the insurer for both drivers, sold me out and made sure that the jury was not given vital evidence. They then decided not to pay the guilty party, David Lake. Lake then blew his brains out with a gun and left a suicide note with the Miami Coroner's Office blaming his attorney for selling him out. State Farm, without my knowledge or consent, then paid a death benefit to Lake's widow - making me LIABLE for his death.

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I had a portable life policy for both myself and my wife thru work that I paid 56.00 every 2 weeks for and could take with me when I retired. All premiums were paid on time and after I retired 17 months after paying for the policy was told would get info how to keep policy within 30 days. Never got any info. Called former employer to find out that policy was cancelled 2 months before I retired but employer was not notified. Unum ins. Co finally after a month said they would only reimburse me for the 2 months after the policy was canceled.