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News For: Monmouth life InsuranceCashing In Your Life Insurance Policy Tough times call for desperate measures, but is raiding your life insurance policy even worth considering? Is mortgage life insurance smart? DEAR DAVE ��� My husband and I just bought a great house for $150,000. He makes $50,000 a year, and I make about $30,000. We've been getting lots of different mortgage life insurance offers in the mail. They say they will pay off the house if one of us dies. Do you think we should take advantage of this? Blasha DEAR BLASHA ��� No! These kinds of offers are terrible, unless you're uninsurable. ... Harry Gross: A death benefit on life support Dear Harry: My husband applied for $300,000 of life insurance in August 2006. Just before he applied, he had a diagnosis of a serious cardiovascular problem. He did not reveal it on his application, for obvious reasons. The insurance company doctor discov Citizens Inc. Buys Ozark National Life of Little Rock Citizens Inc. of Austin, Texas announced Monday that it has reached an agreement to buy Ozark National Life Insurance Co. of Little Rock for $58.06 per share, a deal that is expected to close during the fourth quarter. What To Do If Your Insurance Won't Pay The surest proof that life insurance policies pay is that people still buy them. However, there are certain instances when they don't pay. Read on to find out what every life insurance applicant should know and under what circumstances they should expect no payout to occur. Include Life Insurance in Your 'Must Have' Budget - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans. Citizens, Inc. Reports Acquisition of Ozark National Life Citizens, Inc. announced today it has reached an agreement to acquire Ozark National Life Insurance Company of Little Rock, Arkansas, for $58.06 per share. Tata-AIG Life announces expansion plan NEW DELHI: Tata Group's life insurance arm, in which American International Group AIG - which last week got a new lease of life - has 26 per cent stake, plans to ramp up its branch network by adding another 100 branches in the next 12 months. Reliance Life Insurance's income up 152 percent Lucknow: Reliance Life Insurance RLIC, part of the Anil Dhirubhai Ambani Group ADAG, Thursday said its premium income has grown by 152 percent during April-July this fiscal, in sharp contrast to the overall life insurance industry growth of 1.6 percent during the same period. 14% growth in life insurance THE South African life insurance industry grew 14% in the first half of the year, the Life Offices��� Association LOA said yesterday. Total premium and investment income increased to more than R124 billion from R108.4bn in the same period last year. |


