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Would You Do It?

Willows
Posts: 11,597
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9/20/2018 12:07:49 PM
Posted: 1 year ago
Imagine being offered a life insurance policy which states that it will not guarantee a payout. Also, The insurance company has absolutely no financial statements or history to give you.

There are all the usual conditions and clauses listed on the policy and you will be forking out for it of course but the only guarantee the company can give you is that you must have faith in it?

Would you even think of taking out such a policy?
Harikrish
Posts: 28,406
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10/6/2018 5:34:31 PM
Posted: 1 year ago
Willows wrote:
Imagine being offered a life insurance policy which states that it will not guarantee a payout. Also, The insurance company has absolutely no financial statements or history to give you.

There are all the usual conditions and clauses listed on the policy and you will be forking out for it of course but the only guarantee the company can give you is that you must have faith in it?

Would you even think of taking out such a policy?

Selling that policy to Australians would be easy. The rest of the world would never hear of it. Even if they did, Stealing from convicts can easily be justified.

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