Keyword: lifeinsurance
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Link only due to copyright issues: http://www.app.com/story/money/business/main-street/2017/04/12/guardian-bring-several-hundred-jobs-bell-works/100368164/
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Did Huma steal those emails and then save them as life insurance to protect herself from joining the Clinton Dead Pool? Huma Abedin is no fool. She may be the closest aide to Hillary Clinton, but she also spent the last 20 years watching enemies of the Clinton Crime Family spontaneously commit suicide. So it is with great amusement but virtually no surprise that today we are finding out that the folder Huma kept those incriminating Hillary emails in was called ‘Life Insurance‘.
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Hell Week is what the Navy calls the worst week of BUDS training for those wanting to become Navy SEALs, one of America’s most elite fighting forces. This week will prove to be “Hell Week” for Hillary Clinton. We continue to speculate as to how the latest batch of emails were discovered, and here is yet another story that adds to the intrigue of Clinton, Inc. As most Americans are aware, the Clintons have been accused of dispatching of those who stand in their way. Thanks to WikiLeaks and pure common sense, we have learned how ruthless Hillary Clinton can...
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Morgan Brittany ‏@MorganBrittany4 7h7 hours ago 10,000 new emails found on Huma Abedin and Anthony Weiner's computer and phones. They were in a file marked "Life Insurance". #Corruption https://twitter.com/morganbrittany4
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All the ads I get say .. 125% of premiums in first two years
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I've been looking into shared health plans and I'm very interested because of my age, but ..
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It doesn’t get any more Orwellian than this: Wall Street mega banks crash the U.S. financial system in 2008. Hundreds of thousands of financial industry workers lose their jobs. Then, beginning late last year, a rash of suspicious deaths start to occur among current and former bank employees.  Next we learn that four of the Wall Street mega banks likely hold over $680 billion face amount of life insurance on their workers, payable to the banks, not the families. We ask their Federal regulator for the details of this life insurance under a Freedom of Information Act request and we’re...
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What if new parents were required to show proof of life insurance prior to taking their newborns home from the hospital (just like they have to have a car seat). Should parents have to show proof of “financial responsibility”?
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I know that we are all supposed to love Warren Buffett as the Sage of Omaha, businessman and all-around good guy, but I keep reading stories that make me wonder. Here's a story about Warren Buffett, the estate tax, and the life insurance industry. Did you know that the life insurance lobby is actively lobbying to restore the estate tax? Why would the life insurance industry care about that? It turns out that ten percent of life insurance industry revenue is related to the estate tax. Wealthy people take out life insurance in order to reduce estate taxes because...
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HOUSTON — Irma Johnson never really thought of herself as a crusader. But the quiet widow from The Woodlands has been featured in a Michael Moore movie, watched her story retold on “Good Morning America” and is trying to let others know that their employers may have purchased secret insurance policies on their lives and stand to profit handsomely when they die. The industry darkly refers to the policies as “dead peasant” life insurance. And but for a post office error, Johnson might not have learned that when her husband, Dan Johnson, died of brain cancer in 2008, the bank...
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But underwriters are breaking down H1N1 applicants into three categories: those who currently have the flu, those who had a mild case and recovered, and those who were hospitalized. Those who have it now won't be considered for coverage until they get better, he says, while those who have recovered from a mild case have to wait two to three months. Those unlucky enough to be hospitalized may not qualify for life insurance for a full year.Marr's assessment is based on feedback from insurance industry underwriters. But when contacted by MoneySense, several insurance companies denied having such rules. One spokesperson...
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Since the near collapse of Wall Street from the sub-prime mortgage crisis, traders have been jonesing for a return to the adrenaline rush they once enjoyed from the slew of exotic financial instruments cooked up in the dark recesses of special hedge fund units. And according to a piece in the New York Times, they have found it with a ghoulish scheme gambling on death, by repackaging life insurance policies sold for a fraction of their worth by sick and desperate elderly people. Once people die, the investors make money. And it’s much more profitable if you die sooner rather...
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Deutsche Bank and other financial institutions manage complex funds that buy up Americans' life insurance policies and pay their premiums in return for their payouts. But angry German investors are finding that Americans aren't dying as quickly as expected -- and that only the bankers are making a buck. snip -
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Insurers: Pain from Commercial Real Estate? By Robert McNatt Thu May 21, 8:08 am ET America's deteriorating commercial real estate picture has a special resonance for U.S. life insurers because of the approximately $310 billion, industrywide, that they've invested in commercial and multifamily mortgages. Life insurers gravitate to these assets because they are fixed-income in nature and long-term in maturation, making them especially well-matched with insurers' liabilities: the annuities and life insurance policies they sell. (Insurers often underwrite mortgages with different durations -- for instance, of five, seven, or 10 years -- to hedge their risks and ensure consistent income.)...
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The Obama administration is seeking $12.8 billion in new tax revenue from life insurers over the next decade, even as the federal government offers the struggling sector bailout funds. The provisions in the Treasury Department tax plan released last week would restrict several products that have drawn attention from regulators in recent years because of the way they use life-insurance policies as vehicles for minimizing taxes on investments. [death and taxes] The proposals would restrict several tax breaks received by purchasers of insurance or insurance companies themselves, and also require more information reporting in some cases. Industry representatives say the...
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Life insurers to impose 'fat tax' on the obese, costing up to 50 per cent moreBy BECKY BARROW - More by this author » Last updated at 22:37pm on 22nd February 2008 A "fat tax" is to be imposed on the obese by life insurance firms, it emerged last night. Around 50 per cent extra could be charged on new premiums - and the threshold at which the higher rate starts will be lowered. The increased charge can be up to 400 per cent if you fall into other high risk categories, such as being a smoker or having...
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FRESNO - Scott Peterson, sentenced to death for murdering his wife, Laci, and her fetus in 2002, isn't entitled to the proceeds of her $250,000 life insurance policy, a state appeals court ruled today. The Fifth District Court of Appeal in Fresno upheld a Stanislaus County judge's ruling that Laci Peterson's mother, Sharon Rocha, the administrator of her estate, should get the insurance money. The Petersons, who lived in Modesto, took out insurance policies on each other in 2001. Laci Peterson disappeared on Christmas Eve 2002, when she was eight months pregnant. Her remains were found on the Richmond shoreline...
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The Rev. Jerry Falwell had life insurance policies worth $34 million and the money has been used to erase the debt of Liberty University, the school he founded. The televangelist's son, Liberty Chancellor Jerry Falwell Jr., said his father had named the university and the Thomas Road Baptist Church as beneficiaries to protect their future. The policies left $29 million to Liberty; its debt had reached $82 million in 1992, but the school had succeeded in paying off a significant amount before the elder Falwell's death. Another $5 million went to the 22,000-member Thomas Road congregation, which Falwell had led,...
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TAMPA - When Karen Armatrout died in 1997, her employer, Wal-Mart, collected thousands of dollars on a life insurance policy the retail giant had taken out without telling her, according to a lawsuit filed in U.S. District Court. Armatrout was one of about 350,000 employees Wal-Mart secretly insured nationwide, said Texas attorney Michael D. Myers, who estimated the company collected on 75 to 100 policies involving Florida employees who died. Myers is seeking to make the Armatrout lawsuit a class-action case on behalf of the estates of all the Florida employees who died while unwittingly insured by Wal-Mart. "Creepy's a...
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Police are investigating two women in their 70s who they believe hatched a scheme to offer two homeless men shelter, then collect more than $2 million in insurance policies after they were killed in hit-and-run crashes. Police also believe the women may have committed the accidents and were befriending other men to set up more insurance policies. “Anyone would think that even though they’re making financial gains for this, that they would leave the actual dirty work to someone else or hire someone,” police Detective Dennis Kilcoyne said. “We’re not so sure about that anymore. ... This is pretty evil.”
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