Breadwinners’ Proposed Draft of a New Life Insurance Buyer’s Guide

The life insurance industry needs a new Buyer’s Guide for Consumers. (It has needed one for many, many years, but that’s a different story.) The draft below is presented to facilitate and encourage work on this important project. Please review and submit your comments. Although state insurance commissioners’ actions and inactions in the life insurance marketplace have by and large not only been worthless but harmful, there are many good, smart, conscientious, and hard-working individuals in state insurance departments who, with committed grass-roots support, might now be able to bring about effective regulations. A new Buyer’s Guide ought to be one of their first accomplishments. Again, please review and submit your suggestions.