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June 30, 2009

Life insurance: what to do if your company goes under

Insurance is what you rely upon in case of disaster. However, with the downward spiral of the economy comes increased claims and diminished investment returns --- and less stable firms might not be able to weather the storm.

I didn't know much about the mechanics of life insurance before reading a column about understanding what happens when your life insurance company fails by the Kathy M. Kristoff in the Los Angeles Times. Don't get caught unawares --- see how much protection is available for your coverage, no matter what calamities might befall your company.

Posted by Liz Kay at 12:48 PM | | Comments (0)
Categories: Insurance
        

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