[ale] I'm confused

Jim Philips briarpatch.jim at gmail.com
Fri Nov 19 17:35:59 EST 2010


I'm wondering if I can collect on my life insurance policy by presenting a
post-dated death certificate.

On Fri, Nov 19, 2010 at 7:31 AM, Michael Potter <michael at potter.name> wrote:

> On Thu, Nov 18, 2010 at 11:48 PM, Chris Fowler
> <cfowler at outpostsentinel.com> wrote:
> >
> > You can't sell insurance policies that cover the past.  It would be an
> instant win for the company.
> >
>
> Actually, selling insurance policies that are backdated is common.
>
> The advantage to the customer is that they can get a lower rate
> because the policy is backdated to before a birthday that gives them a
> lower rate going forward.  The downside to the customer is they have
> to pay extra premium up-front.
>
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