Areivim USA - Coronavirus

[liosac]

It's hard to say "high prices" with a straight face for young and healthy folks. Most people in that vid look like they would pay less than $42 for $1m 20-year term, so whose prices are actually higher here?

For BOTH spouses? Really? Where can I sign up? The  Areivim fee covers both.

[S209]

It's hard to say "high prices" with a straight face for young and healthy folks. Most people in that vid look like they would pay less than $42 for $1m 20-year term, so whose prices are actually higher here?

This is for both spouses and the ones you’re referring to are likely signing up for the equivalent of 30-40 year term.

[aygart]

This is for both spouses and the ones you’re referring to are likely signing up for the equivalent of 30-40 year term.

But it is not a locked price

[AsherO]

But it is not a locked price

Or any guarantee that Arevim will be solvent in 40 years. Not that insurance companies are guaranteed, but they’re a highly regulated industry.

[yesitsme]

I don't think I've ever had a quiet month since I joined years ago. Unfortunately, there were needs pretty much every month or spillovers from previous months.

thats because you didn't check your statement, its not that hard to do

[yos9694]

Or any guarantee that Arevim will be solvent in 40 years. Not that insurance companies are guaranteed, but they’re a highly regulated industry.

They are guaranteed
https://www.investopedia.com/terms/s/stateguarantyfund.asp

[imayid2]

This explains why new members are so important right now.

The current campaign seems to have been initiated by askanim who are involved when areivim isn’t.

[imayid2]

Or any guarantee that Arevim will be solvent in 40 years. Not that insurance companies are guaranteed, but they’re a highly regulated industry.

Areivim only provides benefits for unmarried children, so that timeframe shouldn’t really be a factor in signing up.

[yos9694]

This is for both spouses and the ones you’re referring to are likely signing up for the equivalent of 30-40 year term.

Areivim's premiums are likely to keep going up over time, real insurance can have a guaranteed non-increasing premium.

The death benefit in areivim varies from person to person, so the net cost comparison against real life insurance depends on family size and ages

[liosac]

Areivim's premiums are likely to keep going up over time, real insurance can have a guaranteed non-increasing premium.

The death benefit in areivim varies from person to person, so the net cost comparison against real life insurance depends on family size and ages

There’s going to be a continuum going from young healthy couple with no children to older couple in less than perfect health with lots of unmarried kids.

[Lurker]

There’s going to be a continuum going from young healthy couple with no children to older couple in less than perfect health with lots of unmarried kids.

Which demographic do you think is most represented in their membership rolls?

[imayid2]

Areivim's premiums are likely to keep going up over time

Together with the benefit amount

[aygart]

Which demographic do you think is most represented in their membership rolls?

Right now probably late 30s to beginning to marry off children

[Lurker]

Right now probably late 30s to beginning to marry off children

IOW, those with the highest costs should G-d forbid a payout become necessary. Adds to the concerns of those questioning sustainability and/or questioning the rate of increasing membership fees.

[aygart]

IOW, those with the highest costs should G-d forbid a payout become necessary. Adds to the concerns of those questioning sustainability and/or questioning the rate of increasing membership fees.

It is part of why it needs infusions of young blood regularly to dilute the overweight with high blood pressure etc and lots of kids demographic

[imayid2]

It is part of why it needs infusions of young blood regularly to dilute the overweight with high blood pressure etc and lots of kids demographic

You’re implying that that’s a reason for this current campaign. However that is not the case, and the drive is to get everyone from all ages to sign up.

The campaign is being spearheaded and funded by unaffiliated people.

The current campaign seems to have been initiated by askanim who are involved when areivim isn’t.

[aygart]

You’re implying that that’s a reason for this current campaign. However that is not the case, and the drive is to get everyone from all ages to sign up.

The campaign is being spearheaded and funded by unaffiliated people.

I did not mean to imply that about this individual campaign. I am all for people signing up and have some so myself

[Lurker]

You’re implying that that’s a reason for this current campaign.

His comment is on what it needs to do in order to remain viable in general. Campaigns are constantly happening. The current campaign is just a byproduct of recent strain on the organization caused by root issues being discussed here (and Covid...).

[imayid2]

The current campaign is just a byproduct of recent strain on the organization caused by root issues being discussed here (and Covid...).

Not sure what you mean that it’s a byproduct of strain. The organizers and initiators are unaffiliated.

[aygart]

Not sure what you mean that it’s a byproduct of strain. The organizers and initiators are unaffiliated.

I know they were involved in getting it to happen but is it really entirely them?