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Event Brief

Term life policy renewal: insurable interest issue

The article says an agent refused to add the brother to a term life policy because the brother does not depend on the applicant’s income.
WHO: the agent
WHAT: refusal to add the applicant’s brother to a $400,000 10-year term life policy renewal
WHEN: May 8, 2026 at 4:24 PM ET
WHERE: Location not specified
WHY: The triggering condition is the agent’s determination that the brother lacks insurable interest because he does not depend on the applicant’s income.

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