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12-17-2021, 04:10 PM
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Sage
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Join Date: Nov 2016
Posts: 4,395
Thanks: 1,376
Thanked 3,102 Times in 1,341 Posts
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Quote:
Originally Posted by DAVES
Several amusing things concerning insurance a $150,000 25 year term policy was significant money at the start. Due to inflation in 25 years it was worth very roughly 1/6th in purchasing power. Too late for a do over. If, you had say cancer with an expected survival of two years, it would be a 12,000 investment on $150,000 return for your survivors.
Obviously an insurance company estimates risk and charges accordingly. Many at 65 are termed un-insurable, due to health issues
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Their quote to me was with no exam or health check needed. And true but for $23 a month I wasn't going to cancel it.
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"I think the scariest person in the world is the person with no sense of humor."
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