What payout? And “universal life” is an incredibly broad umbrella—what’s the insurance cost structure within the UL policy? Flat, limited-pay, term, YRT? (Pardon the technical questions, but selling life insurance is a reasonably large portion of my day job). Even for someone young and healthy, $50/mo will only buy you $25-50k or so. I thought cryonics was closer to $200k.
$100k. Cryonics costs vary with method and provider. I don’t have exact up-to-date numbers, but I believe the Cryonics Institute charges ~$30k, while Alcor charges ~$80k for “neuro” (i.e. just your head) or ~$200k for full-body.
Running the numbers, it seems you can get a bare-bones policy for that. I don’t tend to sell many bare-bones permanent policies, though, because most people buying permanent insurance want some sort of growth in the payout to compensate for inflation. But I guess with cheaper cryo than I expected, the numbers do add up. Cryo may be less crazy than I thought.
$50/month is for universal life insurance. It helps that I’m young and a non-smoker.
What payout? And “universal life” is an incredibly broad umbrella—what’s the insurance cost structure within the UL policy? Flat, limited-pay, term, YRT? (Pardon the technical questions, but selling life insurance is a reasonably large portion of my day job). Even for someone young and healthy, $50/mo will only buy you $25-50k or so. I thought cryonics was closer to $200k.
$100k. Cryonics costs vary with method and provider. I don’t have exact up-to-date numbers, but I believe the Cryonics Institute charges ~$30k, while Alcor charges ~$80k for “neuro” (i.e. just your head) or ~$200k for full-body.
Running the numbers, it seems you can get a bare-bones policy for that. I don’t tend to sell many bare-bones permanent policies, though, because most people buying permanent insurance want some sort of growth in the payout to compensate for inflation. But I guess with cheaper cryo than I expected, the numbers do add up. Cryo may be less crazy than I thought.