Luke Surl Comics
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- Don't you hate this mandatory printing of your relationship status on rail tickets?
http://t.co/bnueP8oy2012/04/18 - Today's comic completes my chess trilogy with 'Breaking Pawn' :
http://t.co/vUA6wUI52012/04/17 - #SCIENCEFACT It's IMPOSSIBLE for a person to pat their head and rub their stomach at the same time! If you can do this - you're a robot!2012/04/17
- Does anyone else subscribe to "Deceleration Monthly"? It's the best for braking news.2012/04/16
- Today's comic is about chess. Why not give it a ROOK?
http://t.co/9nUaRDDj2012/04/15
Alternate ending: Eliot Spitzer’s go-to line.
Alternative caption: That’s just for your organs!
Alternative caption: But with this economy… That’s not really saying much.
Alternative ending: And it only cost $2million on plastic surgery.
Never understood life insurance…you pay, say, $1000 a year for a $250,000 policy…wouldn’t you have to live like 250 years for the company to break even?
Your relatives only get paid under certain circumstances. Most people will never die in a position that their life insurance companies would have to pay up. So they can turn out much more to those that actually do get in such a position.
Your probability of dying *this* year is around 1 in 250. So for this year, the policy and premium make sense. As you get older and your probability of death goes higher, your premium will go to a higher rate.
There are various complications, including group policies, the fact that the insurance company can invest the premium, and as Philip alluded to, policy limitations. However, these don’t change the basic way insurance works.