Thursday, May 21, 2009
When Life Insurance Becomes a Liability
OWNING life insurance is supposed to make you feel more secure. These days, it’s often a source of anxiety instead.
People who are less wealthy suddenly need a bigger policy to protect their families. People whose policy investments have been battered face unexpected premium increases. And even those who feel adequately insured at affordable prices are worried about their insurers’ ability to meet financial commitments.
In addition to investment losses, premium increases have shocked many people...
NYT: When Life Insurance Becomes a Liability
People who are less wealthy suddenly need a bigger policy to protect their families. People whose policy investments have been battered face unexpected premium increases. And even those who feel adequately insured at affordable prices are worried about their insurers’ ability to meet financial commitments.
In addition to investment losses, premium increases have shocked many people...
NYT: When Life Insurance Becomes a Liability