Tuesday, April 17, 2007

 

The High Price of Free Insurance

The deal offered to affluent seniors sounds awfully good: two years of free life insurance, plus a luxury car, a cruise, or a cash payment. All you have to do is take out a multimillion-dollar life insurance policy with a loan you're not obligated to repay and sell or transfer the policy in a couple of years.

The High Price of Free Insurance
Source: Business Week

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