Free Republic
Browse · Search
News/Activism
Topics · Post Article

Clearly the greatest need for life insurance is that you meet your social obligations before you check out (bug out?) early. There are billions of unfunded public debt your governmnt is counting on your taxes to pay, especially the unfunded pensions of public employee early retirees who have self-sacrificed more by the time they're fifty than you will if you work to the age of 85. (I wish Scalia had used this argument instead of broccoli).
1 posted on 07/04/2012 8:36:48 AM PDT by gusopol3
[ Post Reply | Private Reply | View Replies ]


To: gusopol3

Article was written by a life insurance agent saying why HE thinks life insurance should be mandatory.


2 posted on 07/04/2012 8:41:25 AM PDT by trailhkr1 (That which can be asserted without evidence, can be dismissed without evidence - Christopher Hitchen)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3

Let’s get more basic: What if new parents had to demonstrate that they were married before being allowed to take the child home?

Let’s get even more basic: What if people had to demonstrate that they were married, and gainfully employed, before being allowed to procreate?


3 posted on 07/04/2012 8:41:39 AM PDT by Arm_Bears (Journalists first; then lawyers.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3

Let’s not focus on the “what if’s” but rather work to get rid of the “what we have” in front of us.

We have prayer and work to engage in.

;-))


4 posted on 07/04/2012 8:41:49 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3

Great idea!!!!Unless you are a “Baby Mamma” Then it is on the tax payer.


8 posted on 07/04/2012 8:57:26 AM PDT by mosaicwolf (Strength and Honor)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3

“Life Insurance Is Now Mandatory!”

Life insurance. Just another way to describe a firearm.


12 posted on 07/04/2012 9:01:17 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3
I am an insurance agent.
This other agent is an idiot.

Of course, the liberals will want “postmortem guaranteed issue life insurance” since they do not understand how insurance works.

14 posted on 07/04/2012 9:06:44 AM PDT by Kansas58
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3

Associated Press - New regulations designed to insure the U.S. government collects on any unpaid taxpayer federal obligations at the time of a taxpayer’s death, the IRS announced today that starting in 2014 it will require all taxpayers to carry life insurance.

Under the proposal, taxpayers must name the IRS as an additional insured on all life insurance policies with the amounnt of coverage determined by a percentage of the taxpayer’s average annual income computed over the most recent 10 years.

“Since most taxpayers already have life insurance through employer provided health care coverage or through individual polices, the change will pose little inconvenience to taxpayers,” said Malcome Wright of the Washington D.C. Bureau of the IRS.

“For those without life insurance in place, taxpayers will be required to show proof of insurance with their 2014 tax returns,” said Wright. Tax forms will have a line added that Wright said will appear as as simple check box to make the process easy for taxpayers.

The IRS change is expected to be implemented under executive order by the White House.


17 posted on 07/04/2012 9:21:04 AM PDT by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3; zot; SeraphimApprentice; Interesting Times

And if the dims take back the House and bH0 is re-immaculated, they will probably pass such a law.


27 posted on 07/04/2012 11:24:20 AM PDT by GreyFriar (Spearhead - 3rd Armored Division 75-78 & 83-87)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: gusopol3

I was a stockbroker for quite a long time. We also had to be licensed insurance agents. Customers would come in and ask me to set up a life insurance policy on their new-born.

My standard response was no. You insure assets. You don’t insure liabilities.


28 posted on 07/04/2012 2:55:54 PM PDT by VMI70
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson