X-Message-Number: 8396 Date: Sat, 19 Jul 1997 04:04:37 -0400 From: "Andrew S.Davidson" <> Subject: Payment up-front >At Alcor, advance payments of suspension funds cannot be used for >"capital." You don't want an organization which will spend your money >upfront and then can't afford to actually FREEZE you twenty years later.= >So all advance payments are placed in federally insured investment funds= >which cannot be touched (except for a tiny management fee) until the >member requires suspension. The primary advantage to Alcor in such >arrangements are that the funds are accessible more quickly than they >would be with an insurance policy or individual trust. I do want an organisation which has sufficient working capital and assets= to be able to freeze me - no good waiting until I'm due. I've no objecti= on to the capital being used as long as it isn't depleted. What rate of return do the investment funds provide? = >There is one other advantage in some cases: the money earns interest, so= >the total amount will gradually build up. So we do, in a sense, offer o= ne >"special" benefit for advance payment of suspension funding. If we have= >the money in our possession, we guarantee that we will not raise the >suspension minimums for you. For a long time, Alcor required only >$100,000 as a minimum. We now require $120,000. Someday we may require= >more. If you get in with $120,000 in cash now ($50,000 for >Neurosuspension), you are locked in. If I paid for a neuro today, would I be able to get my money back if I changed my mind? Andrew Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=8396