A Quote by Andrew Tobias

In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America.
We can all instinctively understand the idea of life insurance; most of us will feel an instinctive repugnance at the thought of the viatical industry, or 'dead peasants insurance.' As market thinking penetrated the life insurance industry, a moral line was crossed, and the application of market ideas was taken too far.
Who's paying the million bucks? The insurance company. We've been trying for years to get the insurance industry to say to the gun industry, We won't insure you unless you have policies that will reduce the likelihood of guns falling into the wrong hands easily.
The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the clergy through the Presbyterian Ministers Fund, founded in 1759 (still in existence), and the Episcopal Corporation, founded ten years later (subsequently merged).
The premise of insurance is to spread the risk. It's the premise of homeowner's insurance, of car insurance, and of health insurance. It's one reason why it's important to have insurance when you're healthy, so that when you get sick, you won't go sign up just when you get sick, because that increases the cost for everyone.
Competition among insurers would bring down the cost of health care insurance, just as it brings down the cost of car or homeowners insurance.
We should allow people to purchase health insurance across state lines. That will create a true 50-state national marketplace which will drive down the cost of low-cost, catastrophic health insurance.
How do commercial interests usually protect themselves from liability claims? Through insurance. In fact, in our society, the litmus test for safety is insurance. You can be insured for almost anything if you pay enough for the premium, but if the insurance industry isn't willing to bet its money on the safety of [biotechnology], it means the risks are simply too high or too uncertain for them to take the gamble.
Actually lowering the cost of insurance would be accomplished by such things as making it harder for lawyers to win frivolous lawsuits against insurance companies.
Obamacare is a private mandate that will drive billions to the insurance industry, much like the auto insurance mandate. Hardly socialism. In fact, it was a Republican plan to begin with.
The best tool today is longevity insurance - they call it income insurance. Most people know the value of life insurance. But what if you live? So instead of trying to guess one or the other, you plan for those 20 years and you get this income insurance. If you live beyond 85, you have money that's guaranteed for as long as you live in the form of an annuity.
We have taken on the health insurance industry, we have taken on the drug companies, instituting programs to lower the cost of prescription drugs.
The chief beneficiary of life insurance policies for young, single people is the life insurance agent.
The life insurance industry is filled with good people who believe in their work and their companies, but who may never have challenged the assumptions underlying their efforts.
Nothing is less suspenseful than a threat that threatens the maker of the threat at least as much as the subject of the threat. Congress hasn't learned this yet, but America has learned it over and over.
There are opportunities in the pharmaceutical industry, the insurance industry, so yes back home we are talking about investment opportunities in Morocco for various sectors of our economy and we will continue to do that.
The National Flood Insurance Program is a valuable tool in addressing the losses incurred throughout this country due to floods. It assures that businesses and families have access to affordable flood insurance that would not be available on the open market.
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