"What kind of bank gives back 65 percent-often less-of what you deposit? Indeed, when you compare the services of a bank and an insurance company, common sense suggests something is out of whack."

“Life insurance is a commodity.”

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

“In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America.”

“Not surprisingly, the insurance lobby recoils in horror at the prospect of automatic coverage , no matter how efficient it may be. Automatic coverage eliminates sales commissions and profit.”

“The life insurance industry is filled with good people who believe in their work and their companies, but who may never have challenged the assumptions underlying their efforts.”

“The first American insurance company was the Friendly Society for the Mutual Insurance of Houses Against Fire, founded in Charles Town in South Carolina, in 1735.”