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One in Three Life Insurance Policies Go Unclaimed
Under the terms of U.S. unclaimed property law, unclaimed financial assets, including life insurance, are considered ‘abandoned’ when no contact can be made with the owner or beneficiary for a lengthy...
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Genetic Testing and Life Insurance
Genetics and Life Insurance Earlier this year Australian Life Insurance company NIB offered its customers half price DNA tests. The cut price tests – down to $500 from $999 were offered to 5000 of...
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Life Insurance Sales Bounce Back
Sales of life insurance rose in the three months ending in June this year, making it the second quarter of growth. This is welcome news for life insurance companies who saw a slump in sales last year...
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Life Expectacy in Iceland Contributes to Low Life Insurance Rates
According to a recent report in The Lancet, men from Iceland have the longest life spans, with only 65 deaths per 1000 for men under the age of 60. Swaziland, on the other hand has the highest rate of...
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Cashing in a Life Policy Should be Approached with Caution
There has been a recent clampdown in places such as Oklahoma on the unscrupulous practices of buyers and intermediaries of life policies sold by seniors; there have been numerous instances where...
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Webcam Funerals May Be Covered By Burial Life Insurance
The Beckett Glaves Funeral Center in Brantford, has become the first funeral home in Canada to offer funeral services on live webcam. This was the type of funeral Larry Ruidema Zudd’s family chose for...
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Looking at the Life Insurance Gender Gap
A recent report shows there is a substantial gap between the amount of life insurance taken out by men and women who are married with children under 18. The research was carried out by MetLife in its...
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Secret Deal Denies Life Insurance Payments for Veterans
It has recently come to light that – unbeknownst to families of American veterans – the Department for Veteran Affairs set up a secret deal with the Prudential Insurance Company which has denied...
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Life Insurance Rarely Talked About Between Couples
According to a recent survey 74% of couples never or very rarely discuss life insurance, despite stating that life insurance is more important a subject to them than two years ago. The research was...
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Young Buyers Opt for Whole Life Coverage
According to a recent survey by the Guardian Life Insurance Company of America, based in New York, people aged 40 and under are opting for traditional whole life coverage rather than alternative forms...
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Grieving Mom Robbed of Marine Son’s Life Insurance
Amy Guzman’s son, Lance Cpl Kyle Guzman was just 21 years old when he died in a U.S. Marine Corps training accident in November 2007. Just a day after Lance Cpl Guzman’s funeral, Raymond Brogan, 43,...
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Woman Fakes Own Death to Collect on Life Insurance
A mortuary worker from Los Angeles, California contrived a morbid scheme – that of faking her own death in order to defraud life insurance companies. She even went as far as to stage her own funeral,...
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Doctor in Britain Admits to Euthanasia
Dr Howard Martin, a British General Practitioner recently decided to break his silence and admit that he was responsible for the deaths of many terminally ill patients in his care. He insisted that, in...
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AIG Faces Legal Battle over $15 Million Life Insurance Policy
Following a federal judge’s ruling, AIG (American General Life Insurance Company) will be forced to go to court in what has been termed a ‘convoluted’ case involving the authenticity of a life...
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Why Cheap Life Insurance May Not Be The Answer
There are lots of great deals on the market currently if you are looking for term life insurance and critical illness cover. Term life insurance is cheaper than whole life insurance because it only...
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Life Insurance Complications Arising from Divorce
People getting divorced are often locked in a hostile battle: The emphasis is on whom gets what in terms of property, income and assets, and of course who gets custody of the children if there are any....
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LIFE Foundation awards over $100,000 in Scholarships
The need for parents to consider taking out life insurance has been highlighted recently. LIFE (Life and Health Insurance Foundation for Education) recently awarded $105,000 worth of Scholarships to...
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Why you shouldn’t marry someone much younger than yourself.
Certain female celebrities such as Courtney Cox Arquette, Madonna and perhaps most famously of all Demi Moore have been the envy of many women due to the fact they bagged themselves much younger...
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Ryan Dunn Killed In Car Crash
Ryan Dunn, co-star in the Jackass film series, was killed in an auto accident early this morning in a Philadelphia suburb. He was 34 years old. The story was confirmed by April Margera, the mother of...
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Divorce and Life Insurance
Divorce is right up there with bereavement when it comes to raising stress levels, and – as well as being one of life’s most unpleasant experiences, a break up also seriously impacts on your financial...
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