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they offer people a checkbook instead of a check in what they call a retained asset account. and that s designed to basically have the beneficiary leave the money in the insurance company s coffers and while it s there, of course the insurance company is continuing to invest it and makation on it and so the interest is going largely to tin insurance company and not to the beneficiaries and of course that money is completely owed to the beneficiaries after the death of the insured person. met life which covers nonmilitary policies tells us they do not disclose the nature of the, quote, total control accounts, prudential, which covers military accounts has not yet returned our calls although they did tell bloomberg magazine, quote, prudential and it s alliance accounts are in compliance with all applicable laws and regulations s this just fair business? i think it depends on what you mean by in compliance with the law. there may not be a statute or a

Insurance companyAsset accountAlliance accountsTell bloomberg magazine