[extropy-chat] Article: Who would not seize the chance to liveto be 150?

[Keith M. Elis]

Robin Hanson:

>  At 12:25 PM 2/9/2006, Keith M. Elis wrote:
>> What evidence is there that the average human lifespan in the 
>> developed world is about to suddenly increase at a rate faster
>> than we are experiencing currently?
>> I ask because if I really believed this were true, I would
>> form a company to offer permanent cash value life insurance 
>> to healthy applicants at steep discounts to the prevailing
>> market premiums which are based on soon-to-be-proved-incorrect
>> actuarial tables. ...
>
> The fact that no life insurance companies or speculators seem
> to be taking this strategy, even though there are many who
> could, strongly suggests that none of them think this scenario
> very likely.  Which to me suggests that it is in fact not very
> likely.

This is basically my point.

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Robert Bradbury:

> Also, do you have a pointer to what a 1035 exchange is?

US Tax Code, section 1035:

http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00001035----000-.html

Keith