- 25,425
Biggers savings is getting out of paying the claim. The renewals are likely chump change compared to getting out of death claim payments
Not arguing your theory.
And yeah I can see some guys finding justification to visit their old clients.
However, per the FE guys their underwriting and ratings were pretty good. So seems that adverse selection could be a concern.
Younger healthier people get preferred with the new flavor of the month and the older and sicker people stay.
Now, if there was such a clause and they used it to raid that block of business. Then that would be all the boogie man needed.
IMohsoHO