No, insurance is EXACTLY like gambling. At the racetrack, they're called "oddsmakers," but when they're on the insurance companies' payrolls, they're called "actuaries." They try to quantify risk, and come up with a rate that is enticing to the player/insured, while still favoring the house/insurance company.
But NOT having insurance is the biggest gamble of all.
And I had an insurance policy that actually would start CUTTING the amount of "protection"/proceeds payable to to the beneficiary, if the insured party lived beyond a certain age...so that, after age 90, the insurance was worthless. My grandparents bought this policy when I was an infant, and apparently never read the fine print. When Grandma made me the owner of this "paid-up" policy, I read the fine print...and when I discovered this ripoff, I cashed it out at my first opportunity. So don't tell me about insurance protecting you "if you live too long"...because I know better.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
... [Read Article]
Latest Ad:
Late 50s early 60s international harvester 560 with cultivator
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
