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If actuaries can collectively predict the future, then term life insurance premiums should show a strong trend down as we approach the point where longevity inc
by mc808 11y ago
If actuaries can collectively predict the future, then term life insurance premiums should show a strong trend down as we approach the point where longevity increases significantly (adjusting for income, inflation, etc). From a few seconds of googling, they seem to be flat or increasing. It might be good to look back in 100 years and see if they got it right.
- sammydavis 11y agoPredicting the future of lifespan based on the last 100 years is reasonable. That sensible system can't predict a black swan or revolutionary idea; suppose wereduce the chance of heart attacks by 90% by treating your blood chemistry. That's not impossible, also not possible today. But that would expand life expectancy.