Insurance plan questions criticized and advice offered
A reader asks about a Pennsylvania based lump sum home insurance plan that lasts as long as ownership and refunds the deposit on cancellation. Bruce notes such plans exist but require large upfront sums and may be impractical for most people. He also advises a Florida reader on asset rearrangement to meet nursing care needs, urging legal counsel and caution.
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Bruce
Pennsylvania
D.B
York, Pa
Arkansas
Questions for Smart Money Column Opens Feedback Path
Readers are invited to send general interest questions to Smart Money at P.O. Box 503 Elfers Florida 34680. The column will answer inquiries in future editions, inviting input on personal finance and related topics.
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Smart Money
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American Greetings to Buy Stake in SA Card Firm
Cleveland based American Greetings agreed to purchase the majority of shares in SA Greetings Corp Ltd of Roodepoort a Johannesburg suburb from the Christian Foundation. The deal aims to strengthen global distribution amid South Africa’s growing market with roughly 30 million dollars in annual card sales.
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The
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Morry Weiss
John Hernandis
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L.A
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Hallmark
Detriot strike spurs violence claims and union split
In Detroit on day three of a newspaper strike two men armed with a club and axe handle allegedly extorted copies from two carriers. The incident prompted Teamsters to disavow violence while editor Robert Giles called it hooliganism.
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Detroit
Teamsters
Frank Kortsch
Detroit News and
Free Press
Fleming seeks tenant for former IGA site at Center Ridge Road
Fleming Companies Inc owner of the 26,000-square-foot building at 5111 Center Ridge Road seeks a new tenant after closing the IGA store owned by David Ryan. Fleming holds a 20 year lease, terms undisclosed, with the store having previously reopened after bankruptcy and sale in 1994.
MENTIONED IN THIS ARTICLE
North Ridgeville
Basil Violane
Fleming
David Ryan
IGA
Joe Wilkinson
Ford posts new home page on the Internet
Ford Motor Company introduces its new homepage on the public Internet at https://www.ford.com. Tom Wagner, vice president of Customer Communications and Satisfaction, says the page will improve Ford's ability to share information globally with interested parties.
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Dearborn
Mich
Ford Motor Company
NYSEI
Ford
Tom Wagner
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