There are a few of these ripoff insurance outfits around.They deal in selling relatively low payout life insurance policies to high risk people who don't have to take physicals to qualify.If you can breath and lick an envelope sending them a premium check,they will sell you a policy. The first month premium is $1.Ya,I would like to see them pay out on that one if someone croaked.My mom was a heavy smoker and had 2 of these policies that paid a total of 25k when she passed away.She probably had the policies for 3 years and paid $1500 in premiums.For every person that gets more than they put in,there are dozens that pay more in than they will ever get out.Anyone have one of these cheesey Ed ** Mahon policies?Anyone ever convince a sick parent to take one out?
