Originally Posted by
alanmolstad
there actually would need to be only one real change to our current broken system.
its the same change that insurance companies have been telling us they would like to use to save the system for years.
its about the ability of a parent to sign for a child , and have it binding on the child even into the age when the child is an adult.
that's why this is called "legacy" insurance.
You get it from your parents, they sign you up and commit you to a life-long relationship with their insurance.
So the insurance is "p***ed down" to you
But it works the other way too.
legacy means that some of the money paid in to the insurance by the grand kids, goes back to old Grandma!
"legacy" insurance, is all about a family ....it works to bind the family closer.
when your children sign up their own children, it lowers the fees for everyone else that you signed for ...The more members of the family under you that get signed up, the better it is for everyone!
Do you see how this plan has totally replaced the 'stick' of the State turning lose the IRS on you to force you to get insurance, with the "carrot" of lower rates, cash to grandma, and free insurance for baby Joey!
Everyone wins....
even the insurance company wins as they get everyone in the family all signed up for life-long insurance before they can even speak!