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YoloAlgo 10 points ago +10 / -0

Calls on Life Insurance companies. They're not going to have to pay out any death claims

The court allegedly justified its ruling as follows: “The side effects of the experimental vaccine are published and the deceased could not claim to have known nothing about it when he voluntarily took the vaccine. There is no law or mandate in France that compelled him to be vaccinated. Hence his death is essentially suicide.”

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GynaNumbaZero 5 points ago +5 / -0

This ☝️

Now be an insurer and shuffle every death into the vaxxed pile. Claim denied. Prove it wasn't from the vax.

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MGTOWayoflife 3 points ago +3 / -0

Then shuffle every claim back to Pfizer to cover. Claim denied. No liability.

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Zap_Powerz [S] 4 points ago +5 / -1

his death is essentially suicide

Indeed.

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factdigger 5 points ago +5 / -0

When in a pinch, always ask an actuarian.

They have already buffered money in health insurance for 4G/5G related cancers/illnesses from mobile device radiation AND some explicitly rule out these pay-outs in their contracts.

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GynaNumbaZero 4 points ago +4 / -0

And totally, didn't change the tables at all during 2020. Saw no need.

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HUNDO 2 points ago +2 / -0

if you are able to.. now would be a good time to short life insurance stocks.

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GynaNumbaZero 2 points ago +2 / -0

Why? OP basically just said they're not liable.

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HUNDO 4 points ago +4 / -0

This is one case. But newly discovered uncertainties always sew doubt in the population. This causes people to jump ship because there is a newly added risk. Especially when we are talking about algorythims that may have selected the stock based on a specific range of risk it is willing to accept.

At the end of the day, these companies put aside a specific amount of money based on the a certain amount of risk. In the case they need to pay out a relatively high number of life insurance policies. If there is a sudden jump in payouts that was not anticipated these companies will go to zero in a hurry. This amount of risk will cause any investor to move money elsewhere. In my opinion.

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HUNDO 3 points ago +3 / -0

Also this whole thing rely's on a doctor determining the COD to be vaccine related. There seems to be pressure for doctors not to do this..