Posted on September 30th, 2009 by Life Insurance News
The timing is right. The entire world is struggling to find its way out of a recession. Middle America is pissed off and broke. U.S. unemployment is soaring and the economic meltdown continues. So along comes the provocateur filmmaker who has spent the last 20 years raging against the machine , and he’s aiming at a big, big target—the very economic system that his country is based on. Michael Moore’s new documentary “Capitalism: A Love Story” may be a bit scattershot and it may employ many fa
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Posted on September 30th, 2009 by Life Insurance News
September 30, 2009 | By Jennifer Thames In Finance | by William PatricksIn order to make sure that you are covered in the event of a medical emergency it is important to be aware of the different types of medical insurance. If you are uninsured, or do not have the necessary medical coverage, any major medical problem that you encounter will have a significant impact on your personal finances.In America today, the PPO (Preferred Provider Organization) is the health insurance plan of choi
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Posted on September 29th, 2009 by Life Insurance News
Why Manulife’s Lifewise Limited pay policy may be better than Desjardins Term 100. Term 100 life insurance provides guaranteed, easy to understand protection. The premiums are level for life and the coverage remains level for the insured’s lifetime. Most Term 100 plans are paid up to age 100, so if the insured happens to live past age 100, no further premiums must be paid, but the coverage remains in-force. Term 100, in the purest sense, does not offer a cash value, which means you are pa
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Posted on September 29th, 2009 by Life Insurance News
I remember the story about Wal-Mart collecting $72,820.30 in life insurance on an employee, Karen Armatrout, who died of cancer while working at Wal-Mart. At the time, I didn’t think to look deeper to see if this was a common practice among big corporations. A Texas attorney, Michael D. Myers, sued Wal-Mart over the Karen Armatrout case and it was dismissed because it failed to reach the limit for a civil complaint to go before a federal judge. However, Michael D. Myers had won a previous se
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Posted on September 29th, 2009 by Life Insurance News
In the good old days of plain vanilla finance, intermediaries were distinguished, and clearly distinguishable , between bank and non-bank intermediaries. The former, it was explained, were “special” in that they collected funds (mostly) in the form of short-term, sight money deposits, and lent them out (mostly) in the form of long-term, personal, non-marketable loans. The asymmetric time structure of deposits and loans, their asymmetric risk profile, and the role of deposits in the payment syst
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