X-Message-Number: 8470 Date: Sun, 17 Aug 1997 22:27:36 -0400 (EDT) From: The Hitman <> Subject: insurance I have to agree with John de Rivaz with his idea for investing insurance money instead with the cryonics company of your choice. Agreed someone may be in need of the cryonics service before they have covered the cost but I believe the losses there could be covered by people who don't need the service until much after the time when the cost of the suspension is covered. The way I see it (admittedly I know nothing about charitable orginizations laws and such) a person would be required to contribute $x per month, where x is an amount set useing a similar table that life insurance companies use. Thus someone like myself, age 27, in generally above average health would contribute less than a 45 year old overwieght smoker, per month. Once a person has covered the costs of their suspension, they no longer have to contribute the monthly amount but their cryonics service provider still keeps control of the funds and can use the excess for research etc.. As I said I don't know the details about what a charity is and is not able to do, but if it is set up as each payment is just a donation which on paper( i.e. for the I.R.S) is no more than that, I don't see what they can say. Seperatly, as I'm sure most charities do, you can keep track of each persons individual donations and invsting them as the C.S.P. sees fit. If the extra fees and other costs spent on getting insurance can be channelled to the cryonics companies which in turn can go to research I think it is something that should be done. The companies ay end up losing money on some cases but overall I believe will end up winning. As I mentined earlier I am 27 and a student, cryonics in the younger generations is becoming more and more accepted. People often talk aout media exposure such as Discovery Channel and that type of thing but what is really hiting home isall the movies and TV shows where cryonics is not a major issure but is just accepted. Demolition Man for example. I have the Alcor book and have had so much interest from friends that I haven't actualy possessed it for about a year. It has gone from person to person. The younger generation is ready to accept cryonics we need to tap into it. They may not be able to contribute alot finacially now (like myself) but are wise and would like the idea where instead of paying for life insurace which in their minds has absolutly no benifit to them, would pay a similar amount to a cryonics company which would give them a chance at a vastly extended lifespan. C.S.P. could put some sort of stipulation like insurance companies about the first Xnumber of years or whatever. Obviously I don't have al the answers but this is an idea which can benifit all cryonicists and should be followed up. ------------------------------------------------ Brett Corlett Faculty of Engineering, Carleton University Suspension and Steering Team Leader, Formula SAE Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=8470