Re: Reverse life insurance?
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I'm required through my work benefits program to have a $50k life insurance policy. I have no need for this as I am single without children and my friends, family, and favorite charity are already positioned to profit handsomely from my untimely (or timely) death by dividing my 401(k), IRA, and other investments/property. Mr. Sklansky, how much would you pay (either on 1/1/07 or 1/1/08) if I were to name you as the beneficiary of this $50k policy for the 2007 calendar year?
I'm a 31.8-year-old male. For purposes of your answer, assume that I'm in perfect health, do not engage in high risk behaviors, and live in a safe neighborhood in Houston. Also, assume that things can be arranged with no there's fear of default and accommodations are made in case I leave my job in 2007.
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Mr. Sklansky, in the event that you purchase the above gentleman's policy, how much would you pay if I were to offer a special skill and willingness to use it that might be particularly profitable in this situation? [img]/images/graemlins/wink.gif[/img]
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