Never understood life insurance…you pay, say, $1000 a year for a $250,000 policy…wouldn’t you have to live like 250 years for the company to break even?
Your relatives only get paid under certain circumstances. Most people will never die in a position that their life insurance companies would have to pay up. So they can turn out much more to those that actually do get in such a position.
Alternate ending: Eliot Spitzer’s go-to line.
Alternative caption: That’s just for your organs!
Alternative caption: But with this economy… That’s not really saying much.
Alternative ending: And it only cost $2million on plastic surgery.
Never understood life insurance…you pay, say, $1000 a year for a $250,000 policy…wouldn’t you have to live like 250 years for the company to break even?
Your relatives only get paid under certain circumstances. Most people will never die in a position that their life insurance companies would have to pay up. So they can turn out much more to those that actually do get in such a position.