LogFAQs > #961179645

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Topic	How is life insurance profitable?
IdiotMachine 12/24/21 11:42:55 AM #1:	Just saw a commercial from an insurance company that says their $15k coverage is available for people aged 80+ for $10/mo... No health questions, and no cancellation. $15k/$10 per month = 1500 months = 125 years before they break even... .......how does this make financial sense? --- https://i.imgur.com/XNEdLrJ.png <cite>IdiotMachine posted [p:961179645] in How is lif... [t:79824355]...</cite> <quote>Just saw a commercial from an insurance company that says their $15k coverage is available for people aged 80+ for $10/mo... No health questions, and no cancellation. $15k/$10 per month = 1500 months = 125 years before they break even... .......how does this make financial sense? --- https://i.imgur.com/XNEdLrJ.png</quote> ... Copied to Clipboard!
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