Cell Phone Plan Includes Burial Insurance

[ccbaxter]

I stumbled across an article at prepaidphonenews about ROK Mobile including life and burial insurance with a new smartphone plan.

(This is where I tried to post the link but I'm apparently not allowed because my post count is too low. Perhaps someone will help out?)

Not sure how that will work with the regulators, but I found it interesting.

 

[mudhound]

almost nothing surprises me now. Sadly, things like this crop up all the time

 

[kuhn123]

ROK Mobile Is Including Life, Burial Insurance To A New $50 A Month Smartphone Plan | Prepaid Phone NewsROK Mobile Is Including Life, Burial Insurance To A New $50 A Month Smartphone Plan | Prepaid Phone News

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ROK Mobile Is Including Life, Burial Insurance To A New $50 A Month Smartphone Plan | Prepaid Phone NewsROK Mobile Is Including Life, Burial Insurance To A New $50 A Month Smartphone Plan | Prepaid Phone News

Thanks for posting. This is very interesting. Few details available as it's still in the works. A 100k ADD sounds like no big deal, but also to include a 20k burial policy which sounds inconceivable until you realize that the company is owned by a billionaire who is committed to give all of his money away before he dies. Will be interested to see the details on it when they come out.

 

[SPUR CITY]

ROK Mobile Is Including Life, Burial Insurance To A New $50 A Month Smartphone Plan | Prepaid Phone NewsROK Mobile Is Including Life, Burial Insurance To A New $50 A Month Smartphone Plan | Prepaid Phone News ---------- Thanks for posting. This is very interesting. Few details available as it's still in the works. A 100k ADD sounds like no big deal, but also to include a 20k burial policy which sounds inconceivable until you realize that the company is owned by a billionaire who is committed to give all of his money away before he dies. Will be interested to see the details on it when they come out.

I would bet it's term rather than whole life on the 20 K

 

[kuhn123]

I would bet it's term rather than whole life on the 20 K

Yes, probably some kind of ART. Will be a big hit in the inner city, but the fact of the matter is if it takes ANY effort (have to actually lift a finger to sign up for it), it will not affect most of our demographics.

 

[John Galt]

Yes, probably some kind of ART. Will be a big hit in the inner city, but the fact of the matter is if it takes ANY effort (have to actually lift a finger to sign up for it), it will not affect most of our demographics.

All I can say is "word", you know our market

 

[Glen Shelton]

Now if the cell phone plan was free and they bundled in the life/burial insurance for free with it.... That would be a game changer

 

[yogooglethis]

I would bet it's term rather than whole life on the 20 K

"This new plan will also cover $100,000 accidental death insurance policy, as well as $20,000 to cover burial and funeral expenses"



They don't say a 20,000 in life insurance so that part if correct sounds like a prepaid plan or self funded plan to cover up to 20k for funeral cost ?

http://go.rokmobile.com/hubfs/ROK_M...ge_Edition_Date_2.1.20161.pdf?t=1464032255670

 

[leonard]

I have verizon cellphone's unlimited data, which recently took a large rate increase, so i looked at options, including Rok. They target a young audience, so there should not be very many death claims. [they do not use an 'extended network' like major carriers, so i did not pursue them for cell service]