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Wednesday April 16th 2014

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Posts Tagged ‘death benefits’

Bill Would Let Life Policyholders Use ‘Living Benefit’

Bill Would Let Life Policyholders Use ‘Living Benefit’

A bill that would allow life insurance policyholders to advance the payment of death benefits when they encounter costly and life-changing health conditions is moving in the state Legislature. Senate Bill 281 by Sen. Ron Calderon, a Democrat from Montebello, sailed through the Senate Insurance Committee Wednesday with unanimous approval. The bill [...]