Actually, isn’t there at least one respect signing up early does sort of subsidize yourself? The people who die after paying some premiums but lapsing and so never collect—the earlier you sign up, the more those lapsers subsidize the rest of their cohort who manage to keep up their premiums to the point of self-funding.
Actually, isn’t there at least one respect signing up early does sort of subsidize yourself? The people who die after paying some premiums but lapsing and so never collect—the earlier you sign up, the more those lapsers subsidize the rest of their cohort who manage to keep up their premiums to the point of self-funding.
Yes, this also makes signing up early a better deal, provided you think you are less likely than average to lapse and lose coverage.