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How about this Idea: Thanks to the link below: Insurance for loss of Wealth

Published:

(Got this news from Yahoo.com)

http://sports.yahoo.com/top/news?slug=ys-investopediamoneyloss031010&prov=yhoo&type=lgns

That news gave me an idea if it doesnt exist already (Particularly Evander HollyField)....How about Insurance for the rich in case of lost of wealth...No right person in their right mind will waste: 350 million dollars....Plus the insurance pays less than what the person had...Possibly: 6% or 3% of their original wealth or whatever whatever amount they want to give....I say this because if you have $350 million dollars and you blew it or for some reason the worse happens dude is enough to send someone to commit suicide, not to mention the distinguished celebrity that wealthy person was or the influence that person in this world or the help that person provides.....

Also blowing lots of wealth like hundreds of millions rarely happens...Is like a life insurance nobody in their right mind will kill himself, same way with money, nobody in their right mind will blow 250 million dollars...So why not create this insurance....

Entry #744

Comments

1.
Comment by scorpio - March 12, 2010, 12:46 pm
the present government doesn't care if you're wealthy,but will listen to you if you are poor,and need help to survive.

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