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Correction: Life Settlement Provider Sues Insurer

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A version of an article posted here March 7 described communications involving Coventry First L.L.C., a large life insurer and a consumer incorrectly.

Coventry First, Fort Washington, Pa., says a life insurer tried to keep a customer who had exercised a universal life policy conversion option from selling the converted policy by offering to pay a settlement equal to what Coventry First had agreed to pay for the converted policy, according to Coventry First.