I enrolled myself to a life insurance plan today. And then, I was wondering, did I assign myself with a value in dollars that could be replaced for my absence. Not that I assigned myself a cheap value. But, the concept by itself is rather an irony.
PS: Dont think it was a cut and paste problem... Thats all I wanted to say about life insurance...:)
Wednesday, October 26, 2005
Life Insurance
Posted by Suresh Sankaralingam at 4:18 PM
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4 comments:
Interesting thought! Question: If the beneficiary thinks you are undervalued, should it make you happy or suspicious?
In my case, I will be happy...:).. If I twist time backwards, the beneficiary state is assigned based on the pre-insurance state of whether they consider me as valuable or not. If I am considered of having lesser value, insurance would boost it and hence there is less for the beneficiary to complain anyway. If the beneficiary considers me valuable to begin with, I would assume that they wouldnt care about the insurance valuation..:)Boy, am I making any sense...
If beneficiary thinks you are over-valued then it is time to re-think about beneficiary :)
If I am dead , why do I even care if I was undervalued or over-valued?
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