Andrew Tobias Quote

The life insurance policies advertised on the radio with the line "You cannot be turned down for this coverage!" are actually saying, " For policies this small, it would cost us more to decide whom to turn down than simply to accept everybody-and make them pay through the nose."

Chapter 4, Tell Us The Odds, p. 70 - The Invisible Bankers, Everything The Insurance Industry Never Wanted You To Know (1982)