<< <i>I have purchased a whole life policy from a company that uses the LEAP
system to market whole life insurance.

What is the LEAP system, and why is it controversial? I see that Joseph Belth
has written some skeptical articles in the Insurance Forum on it, but I don't
subscribe to his publication.</i> >>

The LEAP (Lifetime Economic Acceleration Process - as you may already know what
the acronym stands for) is actually a SYSTEM to help life insurance
agents/brokers sell more life insurance, in particular . . . Whole Life
insurance.  It's designed to help the agent sell higher amounts of whole life
insurance using a particular "philosophical" point of view.  This philosophical
point of view mainly has to do with concept of "velocity of money" and tries to
incorporate other financial concepts like "time value of money" into that
philosophy.  And so, the bottom line turns out to be . . . buy as much Whole
Life insurance as you can afford and don't use any other system of determining
one's life insurance needs/wants.

It tends to be very controversial because those who've actually bought the
system will not or can not discuss the details of the system to outside
sources.  So, in effect, unless you're a member of the cult like group, you not
authorized to know how it works and why.

If you go to their web site, about all you can find out is there (
http://www.leapsystems.com/ ), though it really doesn't answer your or anyone
else's question(s).  The best place to get such question answered is to pay the
exorbitant fee to attend one of their seminars where they SELL the system to
life insurance producers.