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Technology Stocks : Dell Technologies Inc.
DELL 122.70+0.2%Nov 18 3:59 PM EST

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To: Fangorn who wrote (34911)3/19/1998 5:52:00 PM
From: K. M. Strickler  Read Replies (1) of 176387
 
SC,

That is an interesting point that you have made! When I sold insurance, the mortality table was based on 1942 data, and this was 1965! The mortality in 1942 was far higher than in 1965, so the premiums that were collected were higher because the mortality was lower than that quoted! The insurance companies cut a 'pretty fat hog' with the pricing of insurance! The only insurance that I would ever consider selling was either 'term' or 'decreasing term', and since the insurance company didn't make enough 'money' on that type. we soon parted ways! I wanted the people to take the money that they saved on just their premiums and invest in mutual funds. In the long term, you did much better! Additionally the insurance companies try to sell insurance long past when it is needed!

JMHO

Regards,

Ken
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