That still seems strange to me

Post #137,002 by Silverlock 1/21/04 9:17:38 PM Reply	That still seems strange to me You are making a bet that you will die. That's what life insurance is. Your death is required for collection. The bookie^H^H^H^H^H^H^H insurance company should pay if you do (even if you kill yourself). The insurance companies will all, of course, disallow this "benefit" as a condition of taking the policy(betting slip). I remember reading that the only corporations to not lose money during the depression of the twenties were insurance. In the long run, the house always wins. ----------------------------------------- .sig pending
Post #137,007 by boxley 1/21/04 10:06:29 PM Reply	well on the other hand the 800 a year I pay gives my wife 4 years of current salary which would give her breathing room as she wouldnt be paying a high nut on a house as she would (im guessing) go home to our house in Alaska. Conversly she could pay that one off, get 3 years current salary with no bills and make her own plans for the future. Having a father die with minimal insurance (about 6 months salary) caused a hardship I would not want to put my wife thru. If my wife predeceases me unless some auto hits her and is at fault I am totally screwed. I would have to sell my kids ^H^H^H^Hcars, Tv's move to a studio apartment with lots of bunkbeds to afford childcare. Oh well I could handle it. But I will bet I might die for $800 a year just to say that I am worth more dead than alive. thanx, bill same old crap, con artists ripping off fools. Ah, hell, Catholic Church it start off that way. They All do. Jesus probably had three walnut shells one pea, then he's dead and can't be questioned, Gabriel Dupre questions, help? [link\|mailto:pappas@catholic.org\|email pappas at catholic.org]
Post #137,208 by orion 1/22/04 7:53:50 PM Reply	There is one catch you have to live 1 or 2 years after making the life insurance subscription. After that if you commit suicide, your next of kin or whomever the beneficary is gets the settlement. The downside is that the insured dies and will never get to see the money. So sort of like placing a bet that you die, and you never get to collect it, your beneficary does. :) *"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"*

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