Mailing List lml@lancaironline.net Message #18219
From: Rumburg William J NNSY <RumburgWJ@nnsy.navy.mil>
Sender: Marvin Kaye <marv@lancaironline.net>
Subject: RE: [LML] Re: flying the Atlantic, insurance and other questions
Date: Wed, 26 Mar 2003 09:36:16 -0500
To: <lml>
Bill-
While I realize that the obstacles you're encountering are created by
foreign government bureaucracies, insurance companies act in concert with
them in order to force you into sending money to the insurance company. Your
experience regarding an 8 million dollar insurance requirement just shows
how outrageous a ripoff this can become!
It seems that all of our lives, we live are held captive to insurance, even
allowing ourselves to be "psyched" out and live in awe of it. I've arrived
at the realization that insurance companies are a ripoff, taking in hundreds
of billions nationwide. In the process, they create a feasting pot for
lawyers, which is our $$$.
While I've never cost an insurance company a penny, nor collected one from
them, I've paid them enough during my lifetime to buy a Lancair.
I now minimize insurance in every possible way.
Sonic

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