Andrew Tobias - Insurers Quotes

3 Sourced Quotes

View all Andrew Tobias Quotes

Life insurance in America has traditionally been dominated by mutual insurers. Twelve of the fifteen largest life insurers are mutuals.

Andrew Tobias

The first known life insurance contract was written in 1536 on the life of a British merchant, William Gybbons, for a term of one year. Gybbons died shortly before the policy was to expire, but the insurers refused the claim. They held that that Gybbons had indeed survived "twelve months" - twelve lunar months (of 28 days). The insurers were taken to court and ordered to pay.

Andrew Tobias

The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance.

Andrew Tobias