Quizzes & Puzzles7 mins ago
Help me here
My Q. is "what is insurance?" Oh, i understand what the generally accepted version is, but what does it mean to the ABer's. I am at a loss to discover a premium reason why i should adjust my life and its contents to bring a third party into my fiscal reality.
What say you?
What say you?
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I always thought that *insurance* was simply someone who was in the *in* crowd combined with toffee fudge - hence *surance*. There is no earthly reason you need to adjust your loss of life, unless the fourth party is particularly awkward and has too many clauses (these clauses are exceedingly bad news at this time of year btw - so watch out for S. Clauses bearing gifts.
Hope this helps
Hope this helps
It is a contract
whereby you pay money
and the second party undertakes a risk
why is this complicated and where does the third party come in ?
fiscal reality - get real - this has NOTHING to do with tax.
Life insurance - that is where you insure your life - was the first industry to be regulated and that was because the companies showed no disinclination to take premiums but DID show a disinclination to pay out. .....
adjust your life no I wouldnt do that.
whereby you pay money
and the second party undertakes a risk
why is this complicated and where does the third party come in ?
fiscal reality - get real - this has NOTHING to do with tax.
Life insurance - that is where you insure your life - was the first industry to be regulated and that was because the companies showed no disinclination to take premiums but DID show a disinclination to pay out. .....
adjust your life no I wouldnt do that.