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

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