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	<title>New answer on: Can Life Insurance Be Taken By Creditors?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/life-insurance/can-life-insurance-be-taken-by-creditors</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Fri, 22 Aug 2014 19:47:03 +0000</pubDate>

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		<description><![CDATA[A creditor may demand to be named as a loss payee on a life insurance policy.  If you agree to that arrangement the company will, upon your death, contact the creditor to determine the amount needed to satisfy the obligation.  That is then sent to the creditor with the balance being distributed to your beneficiary (ies.) ]]></description>

		

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		<title>By: Mark Bartlett CLCS</title>

		<link>https://insurancelibrary.com/life-insurance/can-life-insurance-be-taken-by-creditors</link>

		<dc:creator>Mark Bartlett CLCS</dc:creator>

		<pubDate>Tue, 30 Apr 2013 23:56:35 +0000</pubDate>

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		<description><![CDATA[If you have outstanding debt there is a possibility I have seen in cases where creditors could take the life insurance proceeds upon the individuals death. The question is vague so I am not sure where you are going with this but you may want to speak with an attorney on your particular situation.]]></description>

		

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