X-Message-Number: 6663 From: (Olaf Henny) Newsgroups: sci.cryonics Subject: When Life Insurance Becomes Too Costly Date: 1 Aug 1996 20:01:26 GMT Message-ID: <4tr2em$> For those of us who are chronologically "long in the tooth', but biologically reasonably well preserved, there may be an alternative to life insurance, when it comes to providing funds for cryo-preservation, namely to place the contracted sum into a trust account in favour of the service provider with the proviso, that the amount be invested in fixed income securities as selected by the depositor and agreed to by the service provider and all income derived from the investment be dispensed to the depositor until his/her legal death, whereupon which the principal sum may be withdrawn by the service provider. The dispensation may be periodical and subject to prior "topping up" of the retained deposit to the agreed upon principal sum, if any devaluation of the selected securities has taken place. This might be happening in case of bonds, when the prevailing interest rates rise. This approach may be especially desirable for persons, who have retired from active working life and supplement their pension annuities with income from security investments. Olaf Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=6663