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Resource ID: #12507
Subject: Insurance
Source: Money Magazine
Date: 1995-01-15



A two-month investigation by Money Magazine shows that abusive techniques are endemic to the life insurance industry. The story reveals that insurers and agents routinely improperly use the cash value in an existing policy to generate commissions on a new one, sell life insurance using ploys such as so-called vanishing premiums and peddle insurance disguised as private pensions and other investments. (January, 1995)

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