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Pinnacle finds the going tough
Wednesday 3rd of March 1999
Cut-price life insurer Pinnacle Life is starting to look towards advisers and brokers in its quest to capture market share.The company, which was established last year, promises to replace existing term life policies issued by other insurers, and charge 20 per cent lower premiums.
It aims to capture up to 15 per cent of the $270 million-a-year term life market in its first five years.
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