Comments on: Live Forever! Just $15 a month! http://horse-you-rode-in-on.com/2009/08/31/live-forever-just-15-a-month/ Random rants and curious explanation. Wed, 08 Feb 2012 20:10:14 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Al http://horse-you-rode-in-on.com/2009/08/31/live-forever-just-15-a-month/comment-page-1/#comment-3769 Al Sun, 13 Sep 2009 19:38:56 +0000 http://horse-you-rode-in-on.com/?p=635#comment-3769 UPDATE: Latest offer (this one by mail) is from Globe Life & Accident Insurance Co: "1.00 BUYS $50,000 LIFE INSURANCE." A subhead says, "Monthly rates as low as $3.49 for adults, $1.99 for children..." At that rate, Dad or Mom will have to pay premiums for 1,200 years before the insurance company breaks even, and the kids will have to live to age 2,093. I thought that $1 offer was a fake -- it would mean that the policy holder would have to pay premiums for over 4,000 years before the company turned a profit. You don't suppose they plan to wriggle out of paying the claims, do you? Say, by claiming that the person buying the policy suffered from an undisclosed pre-existing condition -- like stupidity? UPDATE: Latest offer (this one by mail) is from Globe Life & Accident Insurance Co: “1.00 BUYS $50,000 LIFE INSURANCE.” A subhead says, “Monthly rates as low as $3.49 for adults, $1.99 for children…” At that rate, Dad or Mom will have to pay premiums for 1,200 years before the insurance company breaks even, and the kids will have to live to age 2,093. I thought that $1 offer was a fake — it would mean that the policy holder would have to pay premiums for over 4,000 years before the company turned a profit.

You don’t suppose they plan to wriggle out of paying the claims, do you? Say, by claiming that the person buying the policy suffered from an undisclosed pre-existing condition — like stupidity?

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