"David R KE" <ho.ho@yahoo.net> wrote in message news:sehVh.11034$YL5.2739@newssvr29.news.prodigy.net... "Jerry Okamura" <okamuraj005@hawaii.rr.com> wrote in message news:4625612f$0$21074$4c368faf@roadrunner.com... I use to sell the stuff. As a salesman, you almost always tried to steer people to buy whole life, because we made me a whole lot more money than any other type
On Sat, 10 Mar 2007 23:39:59 -0800, NewMan <cloakedrun2001@NOSPAM.yahoo.ca> wrote: That depends... If the policy is a "whole life" policy, and has a "cash value", then the insurance will be considered a "family asset". This then becomes a discussion for the courts. The courts could order just about anything (absent an agreement by the two parties to the divorce). In my case, I
New York Times December 17, 2006 Late in Life, Finding a Bonanza in Life Insurance By CHARLES DUHIGG Marvin Margolis, an 80-year-old Manhattan financial consultant, is looking for investors willing to bet on when he will die. Two years ago, Mr. Margolis bought a large life insurance policy. Now, he's considering selling it to a group of investors, a deal that should give him as much
You didn't lie. Yes, insurance is a scam, and in many ways. 1. Govt (state) requirement means you have no choice (eg. car liability). 2. Fear of the unknown, means you are forcing yourself into it. 3. Mortgage insurance, means the loaning agency wants its money in case you default. 4. Insurance companies often screw the subscribers in all kinds of ways and I know how this works in the health
