Quote:
Originally Posted by Shaun @ Tru6
Why would anyone sell final expense life insurance to poor people? Seems predatory at best.
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I kinda feel the same way, but if Rick's anecdotes are correct (and I believe they are) there sure seem to be a lot of folks 'filling out the cards' and willing to make the monthly.
I haven't walked in their shoes, so I don't understand the reason a nice burial at little cost to their loved ones is a big anxiety for someone who never had the same anxiety about saving some money every month so that eventually a decent burial would be a small portion of their final estate.
I expect it has to do with how we as a nation deal with poverty. We give people fish, but we don't teach them how to fish.