Professional Soldiers ® - View Single Post - Fallen Soldiers' Families Denied Cash as Insurers Profit

**Pete** · 07-29-2010, 07:23

My M-I-L, an elderly lady, understands interest real well. That's the first question she ever asks. She's one of those "cash" people and likes to see where her money is.

She's hit just about every bank in town. She gets a little bit better interest rate at another bank and she'll close her accounts and move the money at the drop of a hat.

Sure the Insurance Companies were making a tidy profit in the deal but shouldn't the people been asking "Thats a lot of money. What am I making off it and could I get a better deal somewhere else?"

And the first time I tried to use a check and they wouldn't take it? The money would have been moved the next day.

07-29-2010, 07:23	#5
Pete Quiet Professional Join Date: Feb 2005 Location: Fayetteville Posts: 13,080	My M-I-L My M-I-L, an elderly lady, understands interest real well. That's the first question she ever asks. She's one of those "cash" people and likes to see where her money is. She's hit just about every bank in town. She gets a little bit better interest rate at another bank and she'll close her accounts and move the money at the drop of a hat. Sure the Insurance Companies were making a tidy profit in the deal but shouldn't the people been asking "Thats a lot of money. What am I making off it and could I get a better deal somewhere else?" And the first time I tried to use a check and they wouldn't take it? The money would have been moved the next day.
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