Your insurance agent said your proposal would not perform as planned and you signed off on it.

It’s called a Compensation and Relationship Disclosure Statement...

“A financial professional associated with XYZ Life Insurance company as an agent, has a contractual obligation to sell sufficient XYZ company products to maintain his/her benefit package, which includes health insurance, stock incentives, pension, and other benefits. Compensation can include sales commission, override compensation, expense allowances, referral fee, servicing fees, and other types of sales related compensation or reimbursements.” Your signature here: I acknowledge receipt of this Disclosure Statement that I have received, read and understand it."
 
Heard Enough?
Fiduciary: without regard to the interest of anyone but the customer. A fiduciary works under a care and loyalty duty. An insurance career agent works under a best interest rule, not a fiduciary rule. They cannot give you the above disclosure and be a fiduciary.
 
“The problem in life today is that people are buying what they don’t need, with money they don’t have, to impress people they don’t like.”                                                               Robert Quillen (1928)