TUESDAY, JUNE 21, 2016
We received an email from Ohio Department of Insurance on 06/20/2016 advising that an agents license was revoked by Ohio Lieutenant Governor Mary Taylor for misrepresenting life insurance policies as an investment. Ohio Lt. Governor Taylor advised that life insurance should not be considered an investment. Life insurance is intended to provide money to beneficiaries after a loved one has passed away. Life insurance needs to be carefully shopped and evaluated to ensure an appropriate need and amount of coverage is purchased.
(Information taken from email received 06/20/2016 from Ohio Dept. of Insurance)