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One of the advantages of the book's having been out there for more than a quarter century is that there's been time for people to report back on what it's done for them.
Andrew Tobias
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Andrew Tobias
Age: 77
Born: 1947
Born: April 20
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More quotes by Andrew Tobias
Nobody wants campaign finance reform more than me. It would save me a fortune.
Andrew Tobias
There's no such thing as altruism.
Andrew Tobias
The life insurance policies advertised on the radio with the line You cannot be turned down for this coverage! are actually saying, For policies this small, it would cost us more to decide whom to turn down than simply to accept everybody - and make them pay through the nose.
Andrew Tobias
I was a writer for 'New York' magazine. I had been to business school, but what did I know? Still, everybody from the receptionists on up to the editor would ask me what they should do with their money.
Andrew Tobias
Life insurance is a commodity.
Andrew Tobias
No wonder lawyers, who control the legal system, have fought so hard, and with great success, against no fault insurance. No fault, no lawsuits. No lawsuits, no lunch.
Andrew Tobias
It's very nice to be able to be who you are.
Andrew Tobias
Life insurance in America has traditionally been dominated by mutual insurers. Twelve of the fifteen largest life insurers are mutuals.
Andrew Tobias
There's no question young drivers have far more accidents than older ones - but is it our aim to keep them off the roads? Or to allow only rich young people (who can afford the premiums) to drive?
Andrew Tobias
Man's natural life span, 75 to 90 years or so, has not increased. It is the number of us who manage to attain it that has increased.
Andrew Tobias
Having no national system of catastrophic health insurance, we have, through the courts, managed to patch together pieces of a not very satisfactory one.
Andrew Tobias
Not surprisingly, the insurance lobby recoils in horror at the prospect of automatic coverage (including, when it was first proposed, Social Security), no matter how efficient it may be. Automatic coverage eliminates sales commissions and profit.
Andrew Tobias
But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend not to be too guilty about winning.
Andrew Tobias
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.
Andrew Tobias
I think a lot of people would rather have more control over their life than less.
Andrew Tobias
Still, most people don't have much money. So finding ways to come out a couple of thousand dollars ahead every year still matters.
Andrew Tobias
The industry cannot long offer unneeded or overpriced insurance if people will not buy it.
Andrew Tobias
The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance.
Andrew Tobias
There are only two things as complicated as insurance accounting and I have no idea what they are.
Andrew Tobias
In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America.
Andrew Tobias