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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: flatsville who wrote (2405)8/8/1998 10:32:00 PM
From: flatsville  Respond to of 9818
 
John--I found it. The reference I was looking for was in the last paragraph of post #2402 on this thread. I find the fact that three insurance companies are considering denying life insurance claims for y2k related deaths on employer paid (term?, key person?) plans alarming. This could only postpone recovery by impoverishing many families. Should these insurers get permission it is possible that private individual renewable term policies could then be next. I am fairly certain they would not try this crap with a whole life policy as I believe it would violate the contract. I plan to write my state commissioner of insurance regarding this issue. I hope this gets more coverage. It is really the first public "admission" that people may die. This may be a wake up call for those who think that y2k will simply be a minor inconvenience at best. "flatsville"



To: flatsville who wrote (2405)8/20/1998 3:37:00 AM
From: John Mansfield  Read Replies (2) | Respond to of 9818
 
<<
John--Did you run across a mention in one of the newsgroups (most likely c.s.y2k
within the past two days) that an insurance carrier which underwrites employee group
life plans may not pay death claims for y2k related deaths?
>>

No I have not seen anything like that. But I will keep an eye on it. Regards,

John