09.01.22 Act Now for Holiday Travel / Job Market Trends & Work-Life Balance
The Clark Howard Podcast
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The State Insurance Guarantee System Is Not Like F D I C Insurance
The state insurance guarantee coverage for life policies and annuities remains in place after insurance companies sell the policy to a third party company. The risk level, as i've explained bill, gets higher on the insurance a lot of times when the risk is unloaded to another company. But you remain eligible under state guarantee funds that are not like f d i c insurance.
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