| Insurance provides hedge in risky racing business |
| Post on 22-05-2006. |
Top thoroughbreds like Barbaro are not just worth millions, they're usually insured for that amount, too.
Barbaro, according to industry insiders, was insured. And while that mortality policy's value is unknown, the now-hobbled horse likely was worth close to $25 million after his Kentucky Derby triumph earlier this month. ... |
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| Where Will Disaster Strike This Year? |
| Post on 22-05-2006. |
| Tampa, FL (PRWEB) May 22, 2006 -- In the blink of an eye, your life can change. Last year was the most expensive weather related disaster in American history. Most people realize they need to document their home, family and financial assets for estate and insurance purposes, but they just do not know where to begin. With severe weather on the rise, are you prepared for this year's events or will you be the next statistic? ... |
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| Your letters: 24th congressional district |
| Post on 22-05-2006. |
| Aside from stealing parkland from the public, this Republican-led government is having one field day of corruption and ruthlessness while we watch the environment, civil liberties, the economy and our world standing being driven into the ground. That's not even mentioning the deception that got us into in one never-ending, poorly planned war. Gallegly should change his mind again and leave Congress therefore one real leader can step in and start doing damage control. ... |
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| Some annuities may benefit salesmen more than retirees |
| Post on 22-05-2006. |
Annuities allow people to shield retirement savings from taxes for years and then receive regular payments, much like one pension. When investors die, their estates generally can get lump sums equal to at least what they contributed.
Surrender charges, however, can be in force for up to 20 years. During that period, investors who take out more than 10 percent of their money in any year can be subject to steep penalties. In addition, investment gains are diminished by commissions paid to sales agents and by fees for insurance features. ... |
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