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tangent4ronpaul
10-26-2012, 09:15 PM
Got this in the e-mail today...


Attention Military Retiree:



Is VGLI enough? It caps out at $400k and premiums rise over time. Find competitive life insurance plans from companies that serve Military families.

Get $400k Protection starting at less than $1.00 a Day
Low-cost, Fixed-rate VGLI/SGLI Alternatives
Compare plans before you convert to VGLI
Save money with plans built for Military families

Keep Your Family Protected

Get $400k Life Insurance Plans as low as $29.04 a Month

so what - $360 a year?
a thousand every 3 years you pay in...
offered to people that are at least 21...
and the average life expectancy of your average male is...
Returns $400K

Do the math...

-t

Tpoints
10-26-2012, 10:07 PM
You missed a key point.

At what circumstance can you collect $400K? It probably is a rare one, so in most cases you won't get anything, the few that actually do, will benefit from the $400K payout.

tangent4ronpaul
10-26-2012, 10:19 PM
hmmm... interesting point - like killed in combat... well, no - this is for mil retirees. It's got to be a pretty general life insurance policy. It's probably subsidized by us taxpayers.

What I was pointing at is the bet they are making as to inflation and the value of the dollar when they have to pay out.

-t