X-Message-Number: 637 Subject: Insurable interest? Date: Tue, 04 Feb 92 17:30:49 EST From: Here's a question for the people on the list who have made arragements for a life insurace company to pay for their cryonics arrangements: What assurances do you have from your insurance company that they will not refuse to pay off on the policy on the grounds that a cryonics organization does not have an insurable interest in you? This issue has come up before. Some time ago Kevin Brown offered on this list to e-mail out a form to fill out that says in 13 different ways that the insurance company will indeed do what they are promising, even though they would be paying a cryonics organization. When I signed up, my insurance company gave me a similar form, but it had a blank for the policyholder to sign only. This seems strange since the purpose is to get the insurance company to agree to promise to do something. I doubt the insurance company will be bound by a document which is only signed by the policy holder. I've tried three times now, in various ways, to get a document along these lines that is signed by a representative of my insurance company, and each time I didn't quite get what I wanted for apparently trivial unrelated reasons. But after it happened three times, I'm starting to get an uneasy feeling here. [ I obtained the form concerning insurable interest of a cryonics organization from Steve Bridge several years ago. The file 637.1 (available via email to me with the "Subject" line "CRYOMSG 637.1") has my copy of this form. FYI: I just checked what my insurance company did with this. They agreed to have a representative sign it and put it in my file at headquarters, but did add a disclaimer attempting to disavow responsibility for it. Better than nothing, since it clearly shows my wishes, but certainly not ideal. - KQB ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=637