Life Insurance

Today the NYT runs an article on life insurance distribution of risk.

If you pay an old lady right now for her life insurance policy you will make money when she dies.

Does this sound awful?

I hope Sarah Palin has not used up all her credibility and attacks this proposal.

Give your grandma to a Reality Game Show proposal.

Say: Your grandma will die this year.

a) The game show host wins.

b) You win

c) Your grandma wins

d) None of the above.

The whole thing feels fishy to me.

On September 12, Frank Rich wrote:

“The earlier the policyholder dies, the bigger the return.”