|
|
 |
 |
 |
 |
 |
In Reply to: War Clause / Official Order posted by FC on December 01, 2003 at 13:45:11:
: On other message boards, there has been a discussion regarding the "War Clause" in a Life Insurance policy.
: In this discussion, one poster, Ken Young (this poster is actually the owner of the message board, and a self-proclaimed expert in this subject matter) makes some assertions, and states some facts that seem to be un-verified.
: In this discussion, he said, and I quote:
: "In response to your second inquiry you will find that ALL insurance companies have a war exclusion in them including Primerica policies. The clause will read in words or a combination of words as follows. "If death should occur due to "Acts of War" regardless if they are declared or undeclared the company will not assume any liability"
: Posters disagreed with him on this statement, saying that "War Clauses" are very rare, if not completely non-existant in policies today.
: When confronted with this, he explained that there was some confusion in the interpretation of his statement, as seen here, in his statement:
: "You are having a problem interpeting the difference between a war clause and an official order signed on November 6, 2003."
: My question to the readers of this board, both to Mr. Young, as well as financial/insurance professionals and experts, is this:
: What "Official Order" is Mr. Young talking about? Who signed it? What is its purpose?
: As a consumer who has Life Insurance, I would like to know if and how this affects my policy.
: Thank You
: FC
FOLLOW UP TO PREVIOUS MESSAGE I POSTED..........
Okay, I get it. The poster who I was responding to was the same person who I was involved in litigation with.
A judge signed an official order dismissing his lawsuit "with Prejudice". Under the agreement between the both of us for me to let him off the counter lawsuit I had filed he agreed not to interfere in any of my dealings and publications if I would back off of the lawsuit.
Therefore I posted the message saying to him that he seemed to be having a problem just as he was having a problem in meeting his comittment to me in minding his own business.
As a point of information, my participating six-figure life insurance policy that my dividends earned have been paying the premiums for me for at least a dozen years has a war clause in it.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX