Life Insurance Claims
A number of years ago, my husband replaced his life insurance policy with a new one. He had to take several physicals. I had the idea at the time... well, I think they are pretty good at predicting when people are going to die. All the data and algorithms and such. I wonder a lot more in this realm but what I'm posting about is this news: apparently the industry is having to pay claims at a much higher rate than expected. This would be due to the current health climate which is quite scary.
Data like this can't really be denied. I'm sure the goal is to never pay a claim.
What do you think?
I have been following this too. It's going to be more difficult to cover up the numbers when investments and the viability of the life insurers are involved. Also on my radar is credit card debt with the soaring inflation. Mix that with being denied a life insurance claim and I would imagine people will be vocal.
Yes 40 percent higher claims, I suspect LI will deny the V claims as using an EUA, therefore, suicide, etc, you can't hide those kinds of numbers for long. Of course, lamestream is already floating excuse cover stories to cover up real causes, etc. I believe less than 5 percent of anything lamestream, all lies, been that way for over a century.
I figure they'll pay the claims and be reimbursed somehow, assuming the whole thing doesn't collapse. Unpredictable as far as I can see.
I'm undergoing the underwriting process for life insurance. My husband was approved at the best rate class, based on his interview and medical history. I need to be examined in person, give blood and urine, could possibly be denied? I'm sort of excited to meet the person coming to my house to examine me lol, reminds me of getting the house appraised... let's see what they come up with.