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The Republican Alternative


Winstonm

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Let's see if I get this right: Someone spread the rumor that life insurances for ill and elderly people are underprized. Whether this is true or not doesn't matter: as long as some investors believe it to be true, someone can make a profit buying insurances from ill and elderlies and selling them to said investors.

 

If I fall for that trick, I imply that I trust the brokers (whose prime motive is to screw me) above the actuarians at the life insurance companies whose prime motive is to screw the sick and elderlies.

 

That could be right, but my guess is it isn't. If it is, the life insurance companies will probably fix the whole before this product hits the market. But regardless if that putative whole gets fixed or not, the brokers can probably sell the products to someone.

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