Life Insurance Policies to 98 Year Olds

When a marketing officer asked an actuary why he recommended selling more life insurance policies to 98 year olds, the actuary replied, “According to our tables, very few of them die each year.”

A Cowboy Wanted to Take Out a Life Insurance Policy

A cowboy wanted to take out a life insurance policy. Talking to an insurance agent about his policy, the insurance agent asked the cowboy, “Have you ever had any accidents?”

The cowboy repled, “No, no accidents.” Then, after a short pause he added “But a bronco kicked in a couple of my ribs, and a rattlesnake bit me a couple of years ago.”

“Well!” replied the insurance agent, “Don’t you call those accidents?”

The cowboy replied, “No, I don’t—they done it on purpose!”

Present Value of Husband’s Policy

“Do you know the present value of your husband’s policy?” the life insurance salesman asked his client.

“What do you mean?” countered the woman.

“If you should lose your husband, what would you get?” asked the salesman.

The woman thought a minute, then brightened up and said, “Probably a poodle.”

Provide You With a New One of Comparable Worth

Steve’s barn burned down. Julie, his wife, called the insurance company and said, “We had that barn insured for fifty thousand and I want my money.”

“Whoa there, just a minute, Julie, it doesn’t work like that. We will assess the value of the building and provide you with a new one of comparable worth.” the agent replied.

Julie, after a pause, said, “Well, in that case, I’d like to cancel the policy on my husband.”

What is the difference between a man and a whole life policy?

Question:  Do you know the difference between a man and a whole life policy?

 Answer:  A whole life policy eventually matures.

Feb, 2016

 

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