Who's familiar with how life insurance companies tend to be?

[Agape93]

[worldscolide]

In my personal experience, they're one of the better branches to deal with. As long as suicide isn't involved they typically always pay out. Even in some cases of suicide, they sometimes pay out half.

I personally took out a life insurance policy on my mom years ago, it was small, 50k, so that I wouldn't be out of pocket with funeral expenses, especially considering how we are no contact right now. And I have a 2 million dollar policy on my self and my wife. This is mostly because if I die, I don't want her worrying about money. And with my assets and the policy, she won't have to.

[Danny_dan92]

From my understanding most insurance policy companies are scams.. I recommend looking at the reviews.




Because often times insurance companies put a lot of limitations to payouts but they’ll gladly take your money.




Also, read the fine print.

[FreyaRed]

Life insurance is most profitable branch for insurance companies. Profits don't come from they air, insured generate it.

[Brandi555]

I think you pay for it like every week and then when you die you get a bunch of money.

[Communicationisking]

Life insurance what a scam like I mean if you have car insurance you get a new car (well not always) but if you die you are dead that's it no second chance no matter how much the premium

[Jennz6]

@Agape93

I don’t have insurance because it’s a scam

[Pterodon]

You mean legalized protection extortion