Quote:
Originally Posted by Ed Fernandez
Borrow money off loan shark.Pay back money in one lump sum or pay a "vig" *And so on and so on and so on.
Don't know if it's true but I knew a shady character a long time ago who told me they had a guy who owed a nice amount of money and he was terminally ill.So instead of leaning on him they made him take out an insurance policy for way more.They covered the high
premiums and were the beneficiaries.I don't doubt it for a minute.
Any way back to car insurance.I tried to get a policy through Heacock a few years ago.
$25K agreed value w/$500 deduct.$200 premium.Couldn't get it because they didn't write classic insurance in NJ because insurance regs state they also have to offer regular car insurance.Might as well just pi$$ in the wind.
* whatever amount they tell you to pay.No negotiations.Get it?
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oic . Now for some obvious reason no insurance company wants to sell race car insurance in your state ??? Now if a person is terminally ill they will not be able to get any life insurance on a individual basis only through a group policy . interesting