Term policies pay benefits if you die during the period covered by the policy; but they do not build cash value. Permanent life insurance policies do not expire; they are intended to protect your loved ones permanently, as long as you pay your premiums. Some types of these policies accumulate cash value.
Vail now owns Heavenly, Northstar, and Kirkwood in the Lake Tahoe area. Vail only purchased the ski resort not all the condos and such down valley. But, there is a lot of undeveloped land around that base area that weâre sure Vail will figure out how to develop big.
Starwood Hotels & Resorts Worldwide Inc., owner of the St. Regis, Sheraton and Westin brands, plans to sell $2 billion to $3 billion of hotels in two to three years, Chief Executive Officer Frits van Paasschen said today.