X-Message-Number: 19988
From: "John de Rivaz" <>
References: <>
Subject: Re:Using insurance for providing a lump sum on reanimation.
Date: Thu, 5 Sep 2002 10:49:05 +0100

> Why not just get an additional life insurance policy benefiting the member
> via the Reanimation Foundation

Fine if you have so much earning capacity that money is of little matter to
you. If you want to make every cent you have do its best for you, then you
then seek alternatives to the crowd.

Buying life insurance makes your money work for the life companies - they
are not charitable organisations. As everyone dies eventually, life
insurance is a bet the companies know they will lose, the only variable
being time. The life companies win if the client lives a long time and pays
more premiums, and lose if he dies sooner. In that event, of course, the
contract is a lose-lose situation.

If the life proposer (ie person insured) dies within an average lifetime,
then the payout is slightly less than <what he paid in times market gains of
investment attributed to his policy>, the difference being the life
company's operating costs and profit.

If you could get insurance that pays out if you are revived, then the
insurance company is betting on something that it feels is unlikely to
happen, so you get much better odds. You are in a win-win situation - you
win the money, and win the cryonics gamble. Only $100 at odds of say 250 to
1  ... you work it out and compare it with paying $100 a week month or
whatever for the rest of your natural life.

Sincerely, John de Rivaz:      http://www.deRivaz.com :
http://www.longevity-report.com : http://www.autopsychoice.com :

> Message #19984
> From: "kekich" <>
> Subject: RE: CryoNet #19981: Using insurance for providing a lump sum on
> Date: Wed, 4 Sep 2002 10:08:03 -0700
> John de Rivaz wrote:
> >>>
> I believe insurance is taken out to cover a loss. I cannot see how a
> cryonicist can lose by revival becoming possible. So, I assume, the
> joint' i.e. Ladbrokes http://www.ladbrokes.com would be the people to
> consult, but I think they would
> only be interested if some form of time frame was included in the bet.
> <<<
> Why not just get an additional life insurance policy bebefiting the member
> via the Reanimation Foundation (or another foundation or trust set up to
> benefit the member)? Invest the proceeds and use the account to fund
> reanimation?

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