Robert Beck
- Robert Beck, Prudential, Chairman and Chief Executive Office
- [RE: Vanishing Premium]
- (p6069) - Under some permanent insurance, contracts being sold today, the chances are you could stop paying after 7, 8, or 9 years and the insurance would remain in force for the rest of your life without further premium payments.
- (at approx. 2:27:00-2:27:30) - [VIDEO-CSPAN] - Impact of Tax Reform on Insurance Industry
1985 0719 Impact of Tax Reform on Insurance Industry, Pete Stark (D-CA) --- [BonkNote]
- 1979 1029 - NP - Farmville Herald, Volume 87, Number 15
- 1979 1102 - VIDEO - <WishList> - Phil Donahue with Robert Beck, Prudential and Thomas Wolff, NALU, National Association of Life Underwriters - "What's Wrong with your Life Insurance?"
- Cecil Heftel (D-HI)
- .....unfortunately, I think that we are misunderstanding what will happen from taxing the build-up because I think the product will disappear, and so I don't understand where Treasury comes up with revenue figures based on the fact that people will continue to buy the product and that sales people will continue to sell the product.
- It is my assumption that the product simply won't be sold.
- Sales people I have talked with indicate that they just simply will sell something else, but they won't be selling whole life.
- Robert BECK, Prudential, Chairman and CEO: That is right. (p6069)
1985 0719 Impact of Tax Reform on Insurance Industry, Pete Stark (D-CA) --- [BonkNote]