Dust in the Wind.
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Ooooh - one of my all-time favourite songs! So profound.
We haven’t had a session of “Thresh [ideas] with Chesh” in a while. It’s high time we did.
I need your guys’ help since I don’t follow professional sports.
It seems to me, correct me if I’m wrong, that million-dollar sports stars, to the extent many are employed by an NFL, NBA franchise, etc., might get group life and health benefits as do many employees of sizable companies.
It further seems to me these polices are more expensive (both to the insured and to an insurance company having to pay out) than average because the income to be replaced if something tragic were to occur is far greater than what the average Joe earns.
Furthermore, it seems to me that many of these athletes sign up for supplemental plans, which insure for more replacement income than what the average Joe earns.
Furthermore, furthermore, it seems to me the leagues might also take out polices on these players to the extent that if a star player dies or goes on disability due to illness it can impact a league’s ability to go to the playoffs, get fans in seats, and thus make money from that.
So what happens when vaccine injuries pile up and insurance companies have to pay up the big bucks?