X-Message-Number: 8508
From:  (Thomas Donaldson)
Subject: more comments for J. deRivaz
Date: Sat, 30 Aug 1997 14:03:37 -0700 (PDT)

Hi again!

Here is why I suggest that a permanent life insurance policy be used instead
of a term policy. Basically, a term policy is fine UNLESS you become disabled
by a disease which, even though it doesn't kill you, makes your risk of 
death seem much larger to any life insurance company. (To be frank, I'm 
thinking of my own experience here).

If THAT happens, and your term policy runs out, you may get payments for 
disability but find you are totally uninsurable. Goodbye to dreams of cryonics.
In practise the same would happen if your term policy premiums grew too large
for you to pay with the money you get from your disability policy.

As I understand them, you can cash in permanent life insurance too, if you 
have saved enough that you feel you can pay for your suspension. You may not
get as much, but then you have also protected yourself from the possibility of
uninsurability. Depending on your choice, some permanent LI policies 
actually accumulate value with time, too.

I have been remiss in not giving prices for disability policies. Generally 
these prices depend on just how much money you want to receive if disabled:
say, what % of salary. I will get back to this forum after Labor Day to 
give those prices (just like everything else, my disability insurance co.
shuts down on the weekend, which here in the US includes Monday as a special

			Long long life,

				Thomas Donaldson

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