X-Message-Number: 31008 From: "John de Rivaz" <> References: <> Subject: Re: Warning for All Cryonicists Date: Mon, 1 Sep 2008 10:53:04 +0100 What a ghastly expression - "shake loose the money". Why not use your own, it is your idea. If it is so marvellous borrow some from the regular channels. Who knows, you may end up "The Bill Gates of cryonics". If it would actually work, maybe one of the two cryonics service providers would take it up. Maybe the reason they haven't is because the legalities don't tie up. Both have legal advisors. [this refers back to http://www.cryonet.org/cgi-bin/dsp.cgi?msg=30508 ] What is also needed is some tangible benefit for membership that is worth having in its own right. The lawyers consulted would probably say that this is life insurance by another name - the legislation set up to control life insurance is very widely drafted. Unfortunately I doubt that there is a lawyer on this list both able and willing to comment informally. What is needed first is some idea from a cryonicist with legal knowledge whether this will not attract hostile attention from life insurance regulators. Only with this is it worth spending the tens of thousands needed with lawyers for a detailed compliance with whatever regulations apply. Separate entities would have to be set up in every legislature within which members live, but obviously it would just be started in the USA. Also, it is attractive to people whose 10% of income is small, and unattractive to those whose 10% is large. Therefore most of the members would be the former. There may be a few wealthy people with aversion to government and tax who might feel it worthwhile, but there are other perfectly legal tax avoidance policies and "products" that they may consider bringing more immediate benefit. Bear in mind that to be successful it would have be marketed to people who are new to the idea of cryonics. -- Sincerely, John de Rivaz: http://John.deRivaz.com for websites including Cryonics Europe, Longevity Report, The Venturists, Porthtowan, Alec Harley Reeves - inventor, Arthur Bowker - potter, de Rivaz genealogy, Nomad .. and more Message #31007 From: David Stodolsky <> Subject: Re: Warning for All Cryonicists Date: Sun, 31 Aug 2008 21:27:38 +0200 Looks like this is one more argument for my proposal of prepaid collective coverage. Is there someone who can shake loose the money to try this, or do we have to see many more disasters and last minute fundraising efforts? Content-Type: text/html; [ AUTOMATICALLY SKIPPING HTML ENCODING! ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=31008