🤔🤔 Indiana life insurance CEO says deaths are up 40% among people ages 18-64
(www.thecentersquare.com)
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I was wondering when the insurance industry would finally weigh in on this... I am convinced that they will eventually not offer life or disability insurance to anyone who took an EUA drug and may in fact start denying claims from current policyholders.
You may be on to something there. Most young people do not have life insurance beyond what is offered free to an employee - which is not much. So, any new underwriting may have clauses, and I believe that some already do, with regard to experimental medical treatments - much the same as risky behavior or acts of war. But, the article doesn't give any indication that they suspect the jabs - at least nothing they are willing to say publicly. Insurance companies are not in the habit of taking huge loses and they are not stupid where it concerns trends. What is telling in this report as that these deaths are not related to Covid. But at the same time, are not being linked to the jabs either. In addition, long term disability claims are also up. Like you, I was waiting for reports from life insurance tables to start coming in. There is where we would see some truth. They have some huge lobbying power on the hill to pressure the government over policy. Now we will also have to wait and see if they quietly make any moves to increase rates for the vaxxinated or just deny them coverage altogether. Group insurance through employers may just across the board raise rates - so those of us smart enough not to take that poison will have to pick up the slack for those that did. Socialism at work. I think the same may eventually hold true for medical insurance as well.
When you say young people don't have life insurance as in people in their 20s, but in their 30s and up I would say is the life insurance market, especially the married.
Thank you for making me clarity that somewhat. Surprisingly enough, there are many young adults married with children in their twenties and thirties that have no life insurance beyond what is offered by an employer which is not much. Usually they will try to pick up medical insurance if offered through work, but additional life insurance for many is another monthly deduction they cannot afford. Those that work for very small businesses especially, depending upon the state, are offered no benefits beyond maybe a week's vacation every year. Some don't even get that. I personally know many young people that are uninsured and when I was young I did not have any either. I was single and in college so didn't see the need. If a family does pick up life insurance, often the wife is not covered if she stays at home as a working mom. They just do not see it as necessary given their age. They are playing the odds and at that age, the odds are in their favor.
Many people do not even consider the possibility of death until in their forties. That is why the ACA had to rope in younger people to keep the damn thing afloat - there were not enough of them with insurance to pay for it so they had to be forced to carry it. Life insurance is the same. It is a racket. Unless you have a separate policy that you own, as soon as a person leaves a job, they usually don't take the insurance with them because of the cost. That is all money in the insurance company pocket. The same thing happens with young people taking out separate policies - especially term policies. The companies are banking on the fact that somewhere along the way, a younger person is going to hit a rough patch and default on the policy. Once again, money in their pockets. You would be surprised at the number of policies that are walked away from.