X-Message-Number: 16469
From: "John de Rivaz" <>
References: <>
Subject: Re: CryoNet #16456 - #16468
Date: Fri, 8 Jun 2001 14:31:35 +0100

> Message #16465
> Date: Thu, 7 Jun 2001 22:15:12 +0100
> From: Roy Madden <>
> Subject: Paying for it
<del>
> So a germ of an idea was bouncing around in my head. What you need is
> a group of (for arguments sake) 20 people in roughly the same
> situation. They contribute the $100 each towards a group fund which
> goes into an investment account. Within one year they should have
<del rest>

It is indeed a brilliant idea - the trouble is that people have thought of
it before, simply as a profit making venture, and they have got involved
with lawyers and government and tied up the cartel so well that no one else
can do it any nore. They are collectively known as the life insurance
"industry".

It would indeed be very nice if CI, Alcor or any other cyronics provider
could offer its own insurance and get some of these profits, but they have
all though of it before and their legal advisors have the same answer - it
costs too much to jump all the regulatory hurdles for the amount of benefits
you are likely to receive.

see
http://www.geocities.com/longevityrpt/lr77.htm#Risks%20and%20Life%20Insuranc
e
for an article by Mike Darwin on life insurance.

The article ends with:

Life Insurance, by special law, is immune from this. Big $$$ companies with
BIG political influence.
("this" being litigation, asset seizure and so on.)

--
Sincerely, John de Rivaz
my homepage links to Longevity Report, Fractal Report, music, Inventors'
report, an autobio and various other projects:
http://www.geocities.com/longevityrpt
http://www.autopsychoice.com - http://www.cryonics-europe.org -
http://www.porthtowan.com


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