When we were looking into long-term health care insurance, my wife asked the salesman how the company could afford the payout we were interested in. I explained to her that they were hoping we would live long, healthy lives, then die in a hurry without making any significant claims.
I Quit over 7 years ago
Ayep.
brain Les over 7 years ago
you pay much in today’s money value to collect little in tomorrow’s money value….
randoman1 over 7 years ago
Plus, “Only the good die young,” so you lose!
SeaFox10 over 7 years ago
Term life insurance is a rip-off!
Cerabooge over 7 years ago
You can buy flood insurance, you can buy hurricane insurance – so why isn’t he selling death insurance?
brklnbern over 7 years ago
A pyrrhic victory.
Phatts over 7 years ago
you don’t buy life insurance for you, you buy it for your loved ones.the king is exempt due to not having any loved ones.
route66paul over 7 years ago
Textbook example of a “bad bet”.
Nuclear Nemesis over 7 years ago
When we were looking into long-term health care insurance, my wife asked the salesman how the company could afford the payout we were interested in. I explained to her that they were hoping we would live long, healthy lives, then die in a hurry without making any significant claims.
neverenoughgold over 7 years ago
Really “death insurance”…