Not surprisingly, the insurance lobby recoils in horror at the prospect of automatic coverage (including, when it was first proposed, Social Security), no matter how efficient it may be. Automatic coverage eliminates sales commissions and profit.

Rule of thumb: The more trimmings an insurance plan has and the harder someone is pitching it, the faster you should run.

Life insurance is a commodity.

The first American insurance company was the Friendly Society for the Mutual Insurance of Houses Against Fire, founded in Charles Town in South Carolina, in 1735.

Summers are the best. And I figured summer was my best time for meeting someone, too, because in the summer people are looking for someone to snuggle up with for the winter. And because in the summer I could take off my shirt.

The industry cannot long offer unneeded or overpriced insurance if people will not buy it.

There's no such thing as altruism.