Life Partners, Inc. can suck it. You bet and lost. Too Fuckin' Bad

[Silentgoldfish]

@duffer

Oh, how many pieces of this piss me off? Let count a few.

First.

AIDS still has some sort of stigma? Sorry, even I as one of the resident right-wing douchebags in the minds of some around here, cannot comprehend how it’s any more a stigma than cancer. Who the fuck is giving her shit about this? I’d like to bet against their life insurance, and I’ll double down if I can get an address or two. (Note to mods: Not really, a little hyperbole)

Easy: AIDS is contagious, cancer is not.

[Hal_Briston]

Ok, maybe I ate some stupid food for breakfast or something, but I don’t get it. What is the point of this case?

Smith sold her policy years ago. She got her $90k, she doesn’t have to pay any more premiums, and will receive nothing else. It seems to me that she no longer has any role in this.

Life Partners took a gamble, it didn’t pay out, and now they’re on the hook to the insurance company for $26k/year. It seems to me that if Smith’s unwillingness to die is eating up all their projected profits, then they should just be able to cut their losses and cancel the policy.

Or am I missing something here?

[Menocchio]

@Hal Briston

Ok, maybe I ate some stupid food for breakfast or something, but I don’t get it. What is the point of this case?

Smith sold her policy years ago. She got her $90k, she doesn’t have to pay any more premiums, and will receive nothing else. It seems to me that she no longer has any role in this.

Life Partners took a gamble, it didn’t pay out, and now they’re on the hook to the insurance company for $26k/year. It seems to me that if Smith’s unwillingness to die is eating up all their projected profits, then they should just be able to cut their losses and cancel the policy.

Or am I missing something here?

According to Smith’s contract, Life Partners has to keep paying her payments, for the rest of her life.

[hajario]

@Hal Briston

Ok, maybe I ate some stupid food for breakfast or something, but I don’t get it. What is the point of this case?

They also have to pay for her health insurance.

[Hal_Briston]

Bingo…I missed the heath insurance part the first eight times I read the story. That makes all the difference.

Carry on. And choke on it, Life Partners.