What are we heading towards when the people are willing to let the government mandate we purchase insurance?
from a private company?
If you are going to answer that auto insurance is the same as health insurance I’m not going to bother to finish reading your answer as everybody on this board should know the difference after months of arguing about it.
I used to work as an insurance salesman.
It works like this:
Homeowner’s insurance: gotta have it to borrow money from the bank. The bank has to be protected if something happens to your house. If you have to pay out of pocket to repay the bank after your house is destroyed, it could bankrupt you.
Auto insurance (liability): gotta have it to register your car or get it inspected. Other drivers have to be protected from an accident if you’re at fault. If you get sued without insurance, it could bankrupt you.
Health insurance: gotta have it in case you get sick. The high cost of medical care could bankrupt you.
Disability insurance: gotta have it, did you know 47% of home foreclosures are due to loss of income due to disability (A STANDARD INSURANCE INDUSTRY STATISTIC). Health insurance only pays your bills, it does not replace your income and pay your mortgate. If you lose your income, your bills could bankrupt you.
THIS WILL BE THE NEXT BIG MANDATORY INSURANCE: DISABILITY INSURANCE TO “PROTECT HOME LENDERS FROM FORECLOSURE.”
Long term care insurance: gotta have it, by the time you need elderly care it will be very expensive because the Baby Boomers will overflow all existing facilities. If you have to pay out of pocket to compete for care, it could bankupt you.
Life insurance: gotta have it, what if you die in a car accident onthe way home today. Here, sign up for this temporary life insurance right now, I’d feel terrible if you left this room without protection. It’s inexpensive, and you can cancel at any time if you change your mind. If you die without insurance, and your family has to keep paying on the mortgate, it could bankrupt them.
Permanent life insurance: gotta have it, did you know only 1% of temporary life insurance policies ever pay a benefit, you’re just wasting your money. With permanent insurance you build up cash value, so if you keep it only15 or 20 years you can get all your money back if you decide you don’t need it anymore. If you keep wasting money on temporary insurance, it could expire before you die, then when you die you’ll have no insurance and it could bankrupt your family.
Now here’s the secret: by the time you buy all the insurance you “gotta have,” THE PREMIUMS WILL BANKRUPT YOU.
But one by one, EVERY SINGLE ONE OF THESE KINDS OF INSURANCE WILL BECOME MANDATORY.
OBAMA IS THE WORLD’S BEST INSURANCE SALESMAN!!!!
EVERY INSURANCE SALES OFFICE IN THE USA HAS A SHRINE TO BARACK OBAMA!!!!
ALL HAIL OBAMA!!!!
Cheap Online Media : How to Read Great Books Online for Free
