Latest Life Insurance Settlements News Update November 20, 2008 at 01:40 PM

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Covered for Life -- by a Stranger (Washington Post) Many


Covered for Life -- by a Stranger (Washington Post)
Many seniors sell their life-insurance policies to raise cash. When you (or a family member who may own the policy on your life) sell the insurance, the buyer becomes the owner and beneficiary. On your death, this stranger stops paying premiums and collects the death benefit.

Putting Your Life Policy in Someone Else's Hands (Washington Post)
Need money? Got a cash-value life insurance policy? Not feeling too well these days? You may be approached to sell your policy to an investor for cash up front. Maybe that's a good idea, but maybe not. You might part with a valuable policy unnecessarily and incur taxes you didn't expect.

Marine mom fights for daughter's life how to help INSURANCE ASSISTANCE (The Fredericksburg Free Lance-Star)
After 30 years in the Marine Corps, Stafford County woman faces the fight of her life: trying to save her daughter from a rare form of cancer

Free Life Insurance Policies to Benefit Children (FOX 6 News Birmingham)
For some Birmingham families, it was a dream come true - free life insurance with no catch. The policies will cover fifty-thousand dollars toward a child's education if their parent dies. FOX6 News reporter Emily Luxen looks at why some say this could help the entire city of Birmingham...
 


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