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which the principal sum may be withdrawn by the service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


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