Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Various exclusions are often written into the contract to limit the liability of the insurer; for example claims relating to suicide, fraud, war, riot and civil commotion. Single out life insurance policies can earn dividends. Dividends result when our actual life insurance costs turn out to be less than we assumed in setting our premiums. When this happens, State Farm may return a portion of your life insurance premium to you as a dividend. Dividends are not guaranteed, since we don't learn about our actual costs in advance.
Business News
NYC judge allows Madoff to remain free
NEW YORK - A judge allowed disgraced investor Bernard Madoff to remain free on bail Monday, rejecting an attempt by prosecutors to send him to jail for mailing more than $1 million in jewelry to family and friends over the holidays.
Thanks
Tony