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The life insurance policies advertised on the radio with the line "You cannot be turned down for this coverage!" are actually saying, " For policies … - Andrew Tobias
" "The life insurance policies advertised on the radio with the line "You cannot be turned down for this coverage!" are actually saying, " For policies this small, it would cost us more to decide whom to turn down than simply to accept everybody-and make them pay through the nose."
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About Andrew Tobias
Andrew Tobias (born 20 April 1947) is an American journalist, author, and columnist. His main body of work is on investment, but he has also written on politics, insurance, and other topics.
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The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the clergy through the Presbyterian Ministers Fund, founded in 1759(still in existence), and the Episcopal Corporation, founded ten years later (subsequently merged).
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