From: Damien Broderick (d.broderick@english.unimelb.edu.au)
Date: Fri Apr 07 2000 - 21:43:34 MDT
At 01:02 AM 8/04/00 -0400, Robert wrote:
>"whole life", insurance company managed investments, are unlikely to
>generate a "market" return on the investment (due to the conservative
>strategy of insurance companies and the overhead of the "management"
>provided by the company). Term life is cheap because of the very low
>probability that you will die young.
I know zilch abt all this, but what happens if & when (a) the insurance
companies realise that medical/genomic/nanomed improvements in healthy
longevity are adding together into a lifespan revolution (on the face of it
fees should fall, but...), (b) potential customer get it, too (they'll
stopping buying insurance, no?). If the whole customer base for the
insurance industry collapses around the same time revival becomes
technically feasible - since both are constrained/enabled by the same
factors - then the cryo warehouse customers will be shit out of luck right
when they need it most. No?
Damien
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