holy crap check out this new life insurance!!

[JS80]

Placing Bets on Your Death

I am not really sure what to call it, but my mother (74 years old) has been asking about an insurance policy that has been offered to her and many in her community in Florida. A whole-life policy is taken out on her, and she is given a check for 1% of the policy. The insured person's estate gets the insurance policy if the insured passes within the first two years of the policy. Also, the estate has the option to buy the policy, but most do not because of the cost. Many seniors are pouring into it because of the 1% payout. It sounds too good to be a true, so is it a scam?

 

[CarlKillerMiller]

I wonder if one could slowly and undetectably kill himself over two years.

 

[JS80]

Originally posted by: CarlKillerMiller
I wonder if one could slowly and undetectably kill himself over two years.

What would that accomplish?

 

[xanis]

Originally posted by: JS80

Originally posted by: CarlKillerMiller
I wonder if one could slowly and undetectably kill himself over two years.

What would that accomplish?

Giving the policy holder a crapload of money?

 

[JS80]

Originally posted by: Xanis

Originally posted by: JS80

Originally posted by: CarlKillerMiller
I wonder if one could slowly and undetectably kill himself over two years.

What would that accomplish?

Giving the policy holder a crapload of money?

he said "kill himself"

why would you want to kill yourself after you sold your policy to an outside investor?

 

[xanis]

Originally posted by: JS80

Originally posted by: Xanis

Originally posted by: JS80

Originally posted by: CarlKillerMiller
I wonder if one could slowly and undetectably kill himself over two years.

What would that accomplish?

Giving the policy holder a crapload of money?

he said "kill himself"

why would you want to kill yourself after you sold your policy to an outside investor?

I never said it made sense.

 

[olds]

Originally posted by: CarlKillerMiller
I wonder if one could slowly and undetectably kill himself over two years.

I am sure you could. I have been reading myjaja's posts for 1.5 years and I feel brain dead. That's a start.