3 ms·

You're saying we have access to the premiums on a 70+ year life insurance policy for a 10-year-old, or at least a reliable proxy?

• peteretep 11y ago
  If you're asking "Can I insure my newborn for the rest of their life for a predictable premium?" the answer is yes.
  • ghshephard 11y ago
    Indeed (though this one doesn't cover newborns, need to be at least 15 days old): https://www.sbli.com/products/life-insurance/whole-life-for-children https://www.sbli.com/products/life-insurance/whole-life-for-...
    • jsprogrammer 11y ago
      Yes, but what is the implied life expectancy? I'd guess pretty low. Also note that policies like this require ongoing maintenance payments, otherwise you forfeit past payments and benefits. The problem with claiming that the life insurance market is a predictor for death statistics is that firms tend to keep the most important data and calculations used to derive their pricing schemes secret. The firm is only concerned with keeping to projections as far out as they can model. The consumer has no real input into the model (except as a selector of alternatives) and therefore cannot obtain much knowledge about actual death statistics (except perhaps a near meaningless lower-bound).
      • ghshephard 11y ago
        There is a One-time payment option.