shminux comments on Transparency in Insurance (Edit: Solution found) - Less Wrong

4 [deleted] 06 July 2012 06:01PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (36)

You are viewing a single comment's thread. Show more comments above.

Comment author: shminux 06 July 2012 08:29:35PM 2 points [-]

That sounds like a myth concocted by insurance agents. If you count all the extra payments made before you actually start needing life insurance, the modest rise in premiums does not compensate for all the money wasted by such a "prepayment".