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To: Vermont Lt

No, stupid. I know math, insurance, and term life policies. Maybe you should grow up and learn a little.


12 posted on 01/29/2022 3:49:40 PM PST by CodeToad (Arm up! They Have!)
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To: CodeToad

Then you know that term insurance is an expense, not an “investment”. Only a fool thinks of it that way.


13 posted on 01/29/2022 3:58:41 PM PST by Vermont Lt
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To: CodeToad

Of course, on average, insurance pays out more than it got in premiums.

That’s as simple an equation as one needs to know.

I worked in insurance for nearly two decades. The overhead the companies have eats up over 35% of your premiums, on average. No purchaser will ever get that benefit back.


22 posted on 01/29/2022 5:10:24 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: CodeToad

That is, “insurance pays out LESS…”

Crud.


23 posted on 01/29/2022 5:11:21 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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