Mike Foster
2008-03-07 08:04:34
I must respectfully point out an error in your math, bro. Under your system of 20 people paying a $5,100 annual premium, with one death/$100,000 payout over the year’s term, the insurance company is left with a profit of $2,000, not $20,000 as you stated.
Great article though! Thanks and keep up the good work.
Mike Foster
