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‘Devastated’ 85-year-old battles MLC over life policy – Sydney Morning Herald

Pam K symbolises an army of silent victims who were sold inappropriate financial products in the bad old days of banking scandals…

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When her family reached out to MLC Life, which was previously owned by National Australia Bank but is now part of Japans Nippon Life Insurance Group, they were told the policy was a term life policy, which meant cover is guaranteed renewable for a set period…

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