To: Bonemaker
It’s greed. Like an insurance company gambling on your longevity.
I do not think you know what greed means, then. In my case, I have insignificant savings. I am trying NOT To be a charity case when I can no longere make what I do now, which is okay, but not great.
More importantly, my wife is 15 years younger than I am, and home equity and whatever Social Security my earnings provide her will be be pretty much all she has to live on after I pass away.
And the insurance company isn't necessarily greedy either. Life insurance protects your family if something happens to the breadwinner, and insurance spreads the wealth. The profit margins are no better than they are in general banking, the tech industry, manufacturing, etc. Insurance spreads risk. That isn't inherently greedy.
118 posted on
05/14/2025 5:03:09 PM PDT by
Dr. Sivana
("Whatsoever he shall say to you, do ye." (John 2:5))
To: Dr. Sivana
No insult intended mate. Instead of greed just use desire for more money. Who doesn’t want more? Nothing wrong with that.
122 posted on
05/14/2025 6:48:09 PM PDT by
Bonemaker
(invictus maneo)
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