How many life insurance policies were in default under AIG when the governemnt bailed them out? None.
Old Mutual has 1.59-1 assets to policy debt ratio.
States have an insurance guarantee fund. In Cal it's 300,000. Others have 250,000.
Do you really think banks and the stock market are safer. If so, why?
Where are they investing their money to return a consistent 8%?
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