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Topic	How is life insurance profitable?
IdiotMachine 12/24/21 11:55:12 AM #5:	Xavier_On_High posted... Same way a pension scheme is profitable. Insurance companies take the money and invest it in interest-accumulating assets. In theory, between the start of the scheme and the end of the scheme, enough interest will have been earned to cover all costs. MC_BatCommander posted... They probably make money through investments. It's not uncommon for insurance companies to do that in general For 80+ year olds, that are probably going to die in less than 5 years? --- https://i.imgur.com/XNEdLrJ.png <cite>IdiotMachine posted [p:961179916] in How is lif... [t:79824355]...</cite> <quote>Xavier_On_High posted... </cite> <quote>Same way a pension scheme is profitable. Insurance companies take the money and invest it in interest-accumulating assets. In theory, between the start of the scheme and the end of the scheme, enough interest will have been earned to cover all costs.</quote> MC_BatCommander posted... </cite> <quote>They probably make money through investments. It's not uncommon for insurance companies to do that in general</quote>For 80+ year olds, that are probably going to die in less than 5 years? --- https://i.imgur.com/XNEdLrJ.png</quote> ... Copied to Clipboard!
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