Thanks, Carol for posting this. Complicated, isn't it? This helps restore my faith a bit in NAGICO. They use the term beneficiary in the article as i they were talking about life insurance, but in reality I believe this would be better described as the lien holder. Whatever, I'm sure the past 17 months have been quite interesting for this insurance company, and when the last claim is finally settled they'll remain a strong and solvent company.
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