Okay, so the argument against tontines that I know of is that it encourages murder, but that argument doesn't seem persuasive to me. The same can be said for li

Okay, so the argument against tontines that I know of is that it encourages murder, but that argument doesn't seem persuasive to me. The same can be said for life insurance, which is a commonplace financial instrument. Is there any other reason that tontines are bad?