This "product" has nothing to do with wls.

[Spiky Bugger]

TODAY'S PSA.


But...old, retired, beat-up folks spend a lot of time watching tv...and commercials. The insurance commercials, especially, bug the shit out of me.

I hate the one where Dad falls off the roof and daughter wants to know if he has LIFE insurance. Not medical, she just wants Mom to have a little something if the old fool doesn't stop climbing ladders.

And then Alex pushing another guaranteed life plan.

And you know they are leaving out the details that make it profitable enough that they are paying for non-stop commercials. So I persisted in locating those details and here is what I learned:

1--because they are selling via mail, they don't have to give you details until after you buy...at which point you CAN cancel, if you figure out the double-talk.
2--you must die AFTER you have maintained the policy for two years, but BEFORE you have had it six (or eight, depending on age) years. Otherwise, you don't just DIE, you lose, too.
3--there is a cash surrender value, but good luck (see #1 above) figuring out what THAT is.

So, next time you watch one of those ads, feel free to sit on your sofa and swear at those people.


END OF TODAY'S PSA.

Source: http://www.marketwatch.com/story/youre-better-off-rejecting-guaranteed-acceptance-life-policy

 

[robs477]

Spiky my dear, once that I determined through my occasionally regressed powers of semi-cognitive deductive reasoning that you wasn’t talking about the Prostate-specific antigen test, the other (PSA), and was editorializing your version of a “Public Service Announcement”, I came to the unsolicited foregone epiphinatic conclusion that you may have just found your “new calling”.

 

[Spiky Bugger]

Spiky my dear, once that I determined through my occasionally regressed powers of semi-cognitive deductive reasoning that you wasn’t talking about the Prostate-specific antigen test, the other (PSA), and was editorializing your version of a “Public Service Announcement”, I came to the unsolicited foregone epiphinatic conclusion that you may have just found your “new calling”.

LOL

Behave, or I'll remind your wife to send you out for the related office exam.



!

 

[Sheanie]

Jesus. You sound just like Mr Sheanie last night in Cabelo's. The poor check out kid, who wasn't even shaving yet, asked if he wanted to open a (GASP) Cabelo's charge card. Oh, my God. He went off on him like a rocket. Do you know how much the interest is on those cards? How can you promote such irresponsibility? Sales clerk said "well, if you pay it off every month".....Nobody pays it off every month!!!

I slinked away as if I did not know him.

 

[Spiky Bugger]

Jesus. You sound just like Mr Sheanie last night in Cabelo's. The poor check out kid, who wasn't even shaving yet, asked if he wanted to open a (GASP) Cabelo's charge card. Oh, my God. He went off on him like a rocket. Do you know how much the interest is on those cards? How can you promote such irresponsibility? Sales clerk said "well, if you pay it off every month".....Nobody pays it off every month!!!

I slinked away as if I did not know him.

Actually...some of us DO pay off every card, every month. (Credit card companies call us "deadbeats," because the only money they make on us is the fee the sellers have to pay...and then, we get the cards with the best "points" deals, and get credits that CAN be applied to a payment, so a chunk of what they collect from the merchant goes to ME!! And some cards only apply points to your cash balance at HALF the rate of other cards, so be careful.)

So, there!

 

[Munchkin]

And WTH is a UNIT? Everything is per UNIT.

 

[southernlady]

And WTH is a UNIT? Everything is per UNIT.

If you manage to read the fine print fast enough, a unit is $1000.

 

[Spiky Bugger]

If you manage to read the fine print fast enough, a unit is $1000.

Are you sure? This article says:
Moreover, the policy pricing is confusing. Consumers want their protection in dollars, not "units," and yet the Colonial Penn policy allows for the purchase of up to eight units of coverage. Tom Fiordimondo, the Colonial Penn vice president who signed the materials the firm sent in the mail, noted that unit pricing makes it possible to say "$6.95 per month" without having to say "for $570 in benefits for a 78-year-old woman or $1,112 in protection if you're a 58-year-old man."

Consumers understand their needs, and dollars; even insurance specialists find "units" confusing.

 

[Spiky Bugger]

Well, Colonial Penn says how much a "unit" is varies...

https://www.colonialpenn.com/faqs/


What is a unit?
A unit of coverage corresponds to the life insurance benefit amount you can purchase, and it depends on age, gender and state. Please visit the Guaranteed Acceptance Life quote page to see benefit amounts and premiums available to you for up to 8 units of coverage.

 

[star0210]

I have one credit card...NFL Saints Visa card. Only reason I got it is because it gives me 2% cash back when I use it to pay for my season tickets or anything NFL related.
1% on any other purchases.
I use it when I make large purchases and I do pay it off every month.
I used it to buy our flights to Mexico for my surgery.

 

[Spiky Bugger]

I have one credit card...NFL Saints Visa card. Only reason I got it is because it gives me 2% cash back when I use it to pay for my season tickets or anything NFL related.
1% on any other purchases.
I use it when I make large purchases and I do pay it off every month.
I used it to buy our flights to Mexico for my surgery.

I wanted a new dishwasher, and not a real cheap one. So I got a credit card that offered something like a $300 credit if we spent, I dunno, $500 or $800 in the first 90 days. I used it to buy the dishwasher, and I let them help me pay for it. But I've never carried a balance on that card. And I got a card connected to Amtrak. I put the Amtrak tickets on that card and the annual fees for our doctor, and got a kajillion points that I can use for free travel, plus it got me a free companion ticket. (So we can go to Diana's house.)

 

[DianaCox]

(So we can go to Diana's house.)

Wait, what? When?? I need to start shopping or sumthin'!!

 

[Larra]

Am I invited over, Diana?? I've wanted to meet Spiky forever...and I wouldn't mind seeing you and Charles, either!

 

[DianaCox]

The mysterious and secretive SB must be consulted - she's very particular about who gets to see the magnificence that is Her. Notice there are no full frontal pix of her on the innerwebz?

 

[robs477]

What!!....are you trying to say that's not her on her Avatar?