Why Life Insurance Sales and Life Settlements Have Increased

Why Life Insurance Sales and Life Settlements Have Increased

While a growing number of Americans are purchasing life insurance policies, many more are selling such coverage through life settlements, according to the latest AmritaLife Settlement Index.

A life settlement is often a more profitable approach to cashing out on your coverage than selling it back to your original lender. Many investors in such policies are actually insurance agents and receive substantial financial benefits when the policyholder dies.

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Texting And Driving Putting America’s Highways In Peril

Texting And Driving Putting America’s Highways In Peril

Recent research reminds us that tragedy can strike with frightening regularity out on the highway – and lots of stories focus on increasingly careless drivers using mobile devices. In fact, a recent study appearing in the American Journal of Public Health revealed that fatalities connected to distracted driving increased nearly 30 percent between 2005 and 2008. Why the spike over that period of time?  It just so happens those years coincide with the rapid growth and popularity of…

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Phishing Schemes Target Seniors

Phishing Schemes Target Seniors

If you’re a senior, there’s an army of criminals targeting you and estimates from the Federal Trade Commission say one in five seniors fall victim to their fraud operations. The scams come in a variety of flavors. Using “social engineering” methods and sophisticated online data-phishing techniques, the scammers see one thing when they contact a Little Old Lady From Pasadena – a ready victim. Experts estimate, in New York state alone, a half-million New York…

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