Q: I just learned about something called a conduit policy which is like a life insurance policy that other

A: In the context of a conduit policy in life insurance, it's important to understand that the record of transactions or benefits passed through such a policy typically cannot be erased. This is due to the regulatory requirements in the insurance industry which mandate thorough record-keeping, especially in matters involving financial transactions.

If you believe that funds or benefits were improperly taken from you through a conduit policy, your first step should be to review the policy's terms and conditions. This will help you understand the legal framework governing the policy and any transactions that occurred. Additionally, it would be wise to gather all related documentation, such as statements or correspondence regarding the policy.

Regarding the responsibility of the insurance company, it largely depends on the specifics of the situation. Insurance companies are generally required to operate within the bounds of the law and their own policy guidelines. If there was a violation of either, there could be grounds for holding the company accountable.

If you're considering action to recover what was taken or to address any wrongdoing, consulting with an attorney experienced in insurance law is crucial. They can provide tailored advice based on the details of your case and help you navigate the legal process to seek restitution or remedy any harm done. Remember, each case is unique, and legal guidance should be specific to your circumstances.