AIG Insurance $20bn lifeline

US authorities have given AIG Insurance Company a  $20bn lifeline. AIG are one of the world’s largest insurance companies and the authorities are trying to prevent another Lehman Brothers catastrophe.

The deal is between AIG and the New York State insurance regulators comes after AIG have written off assets of billions of dollars.

Life Insurance

Within the Finance section of this site we have just uploaded a page on Life Insurance. This is one of the most important things in Personal Finance and it is often overlooked. More on Life Insurance will follow.

Virgin Cancer Cover

There are many kinds of insurance policies available these days and Virgin Money have introduced a Cancer Insurance Policy. The Virgin Cancer Cover gives you life insurance and terminal illness insurance as part of their package.

The good thing, if there is such a thing is that they will pay out a lump sum on diagnosis of cancer with their Virgin Cancer Cover.