AIG is steadily getting closer to repaying the $132 billion debt that it took in 2008 from the government to avoid collapse. The latest step in the direction is AIG’s agreement to sell its international life insurance unit, American Life Insurance Co. (Alico) to MetLife Inc. [Read more…]
What You Should Know Before You Purchase a Life Insurance Policy
Life insurance policies can be classified into two categories – protection and investment. There are several sub categories as well, and you should consider your age, life expectancy, health, lifestyle, and financial situation while deciding which kind of life insurance you need. [Read more…]
Indiscreet Lies Can Destroy Your Life Insurance Policy
Quite frequently, applicants for life insurance policies tell various lies in their application in order to get a policy or to be eligible for lower premiums. But you have to be extremely cautious as these lies can make your life insurance policy useless in the long run. [Read more…]