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Insurance

  • ... actuaries are people who wanted to be accountants but didn't have the personality.

  • Life insurance can be numbingly complicated. Clients often turn off their brains and surrender their judgment to the very agent or planner who brought on their coma in the first place.

  • Auto insurance is a toll bridge, over which every honest driver has to pass.

  • [On gender-rating by insurance companies:] They say the reason they get to charge more is we have children. I would say having children is a socially useful act. Being female is not a preexisting condition.

    • Gloria Steinem,
    • in Patt Morrison, "The Founder," Los Angeles Times ()
  • [When asked why she never insured her valuable left arm with Lloyds of London:] The answer is simple. They wanted an arm and a leg.

  • There is only one kind of life insurance, and that is pure protection based on a mortality table. All others are pure protection plus a cash value element that I call 'funny' banking.