On the basis of his interpretation of the life insurance policy contract, petitioner stopped making premium payments in 1977 and considered the policy abandoned.
We believe a plain reading of the terms in the life insurancecontract signifies that the policy should have terminated and been converted to extended term insurance on several occasions before 2008.
The Yankees believe they would recoup 75%-80% of that from the insurance policy they took out on Rodriguez' contract, according to a person with knowledge of the team's thinking.
What Medicare Advantage is, is basically the previous administration had this idea, instead of traditional Medicare, let's contract out to insurance companies to manage the Medicare program.