[fintstone]

Originally Posted by sugarwood

How old is he? Do you expect him to die within 12 years? If so, aren't you're just as much of a scammer as the other ones?

They're poor because they targeted by and are lining the pockets of middlemen salespeople such as yourself.

It is hard for most people to plan when they will die. I imagine this one's wife (below) did not expect to die so soon either. I bet the insurance company dd not either, yet they must pay out. Insurance bets you will live and you bet on dying. The house has to make money to be able to keep the game going. That is why a wise person chooses the best deal they can find.

Originally Posted by Rick Lee

Update on this one. This woman passed away a month ago. Her husband got even with me by canceling his own policy, but he wisely did not cancel the one on his wife and it will probably pay out. He called last week to nag me about the payout taking too long (like it's my fault an insurance company wants to do some checking on a death claim seven months into a policy). Turns out he submitted a death claim without an original death certificate. I know it sucks to have to pay to get multiple original death certs, but I'd think someone would spring for the fee to get a life insurance payout. The insurance company won't lift a finger on the claim until the proper paperwork is submitted. Mind you, if these folks had quit smoking when I met them, they'd have saved more money by now than the face amount of this policy. But I knew that wasn't going to happen.

One does not have to buy life insurance. I have none myself...just like collision on any of my cars. I accept the risk. Some cannot/will not.