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The absurdity is that life insurance/pension companies assume live expectancy is actually rising.

The company providing my pension fund estimates my life expectancy to 114 years - a fantasy number, albeit one that /increases/ my monthly payment and /decreases/ my expected pension.

Another reason why term coverage, not whole life/universal, is a better choice.

How is that even legal? It's such a blatant rip off.

Are you not able to switch providers?

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