X-Message-Number: 8696 From: (Dana Mayer) Date: Sat, 25 Oct 1997 22:57:09 -0700 Subject: Fwd: Re: Cryonics --WebTV-Mail-1656112933-126 Content-Type: TEXT/PLAIN; CHARSET=US-ASCII Content-Transfer-Encoding: 7BIT Please, send me the article on cryonic s and insurance. --WebTV-Mail-1656112933-126 Content-Type: MESSAGE/RFC822 Content-Transfer-Encoding: 7BIT Date: Wed, 22 Oct 1997 22:47:45 -0700 From: Tim Freeman <> Message-Id: <> To: cc: , In-reply-to: <> () Subject: Re: Cryonics >thanks for your mesage. I am interested in signig with alcor using >life insurance. Any info on insurances? >I live in San Diego. Brian Shock (Hi Brian!) at Alcor can give you a list of life insurance agents who have experience dealing with cryonics. If you can pay bills very reliably, it is probably best to use term insurance. It's easy to compare term insurance rates -- tell two companies about yourself, and how much insurance you want, and compare the monthly or yearly rates. Eventually as you get older the insurance gets more expensive, so you have to save money while you pay for the insurance and eventually change to funding your cryonics with the saved money. The policies generally have a provision that you don't have to pay the premium if you're disabled; check it out before you buy. The agent will want to sell you some variation on whole life or universal life. This is because the profit to the agent is much larger for these. The profit is larger because it is essentially impossible to compare two whole life or universal life policies -- they are all too different. Since comparison is impossible, the market is inefficient, which benefits the people with experience (the agents and insurance companies) at the expense of the people without experience (you and me). In principle, these policies are better for people who aren't going to save money because they are eventually fully paid up. In practice there are several problems -- the amount you have to pay to make them fully paid up is often unknown and too high, and with these policies you lose more if the insurance company goes bankrupt. I wrote a longer post about life insurance and cryonics a while back after dealing with a slimy life insurance agent and buying a used car (the two experiences have a similar emotional tone). I suspect it's available at www.cryonet.org somewhere. -- Tim Freeman http://www.infoscreen.com/resume.html Web-centered Java and Perl programming in Silicon Valley or offsite --WebTV-Mail-1656112933-126-- Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=8696