X-Message-Number: 26777 From: Date: Sun, 7 Aug 2005 13:18:16 EDT Subject: Life insurance and suicide, Surprising facts In a message dated 8/7/2005 5:00:40 A.M. Eastern Daylight Time, writes: And, of course, the most difficult problem is facing an autopsy. There must be a way around the autopsy. Also, the life insurance would not pay out. So separate funding would have to be arranged. (Rudi Hoffman writing now) Jordan Sparks wrote the above, along with other details on "volunatary deanimation" for optimizing suspension. While I can't speak to other observations regarding his protocols (the ice water part makes sense to me, but time of discovery and telling friends part sounded suboptimal) I CAN address a very interesting and counterintuitive fact of life insurance. In a nutshell, life insurance, as least the kind that I sell, can and DOES pay off, even in the event of suicide! Isn't that weird? And surprising? Most, or at least many, people are unaware of this. The suicide MUST be after the two year "contestible and suicide" clauses of the policy expire. In other words, if you suicide two years after the policy effective date, the policy WILL pay off. Unless there are some really unusual circumstances, or you lied blatently on the application (in which case, strangely, the policy could STILL pay the death benefit, since you are past the two year contestible period.) Pretty amazing, huh? This does not mean that I or any other responsible broker am encouraging you to buy your policy from me, wait two years, and then off yourself. However, I delivered a multihundred thousand dollar death claim check for a policy where the client HAD committed suicide. Only six months after the suicide clause expired, in the policy's 30th month. The company paid. With interest, from date of death. (This enabled the grandparents to raise the two year old child my client left behind when the 27 year old Mom intentionally ran her car in her closed garage until she died. A sad case, but the grandparents are very grateful that they were provided the needed financial resources to raise this grandchild.) Not all companies, in all states, would do this. (To be fair, most do.) But the high quality, high integrity, and highly rated carriers I work with DO pay. Even on suicide, after 2 years. And the cost to do business with these carriers, and get "concierge" level service, is usually LOWER than my competition. Just an interesting, and perhaps germane, addition to the discussion of voluntary deanimation. Also, a very important fact to know if you have an inoperable or progressive disease, and want to make sure your suspension funding will indeed be there to potentially save your precious brain pattern/soul/sense of self. There are a HUGE number of variables that can go wrong and which can result in a bad or nonexistent cryonic suspension. A million ways to "screw the pooch" and you are probably dead forever. One variable we cannot tolerate mistakes on is your cryonics funding. Handled professionally, your funding will be there for you the day your heart stops pumping, and those techs are cooling you down to reduce warm ischemia. Not surprisingly, making sure your funding is absolutely solid is my passion. I know I come across like a self promoting, semi arrogant fellow at times. But please know I am VERY serious about making sure your suspension is properly funded if you are one of my many friends reading this post. Kind Regards, Rudi Hoffman (PS...Thank you!) Content-Type: text/html; charset="US-ASCII" [ AUTOMATICALLY SKIPPING HTML ENCODING! ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=26777