Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Field Marshal Dr. Opti on 22 December 2016, 13:27:39
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My mother has had one of these rip-off policies since 1998.
Paid in ( and still paying) £3200. Policy worth £1064. Early surrender value £550. All policies have their winners and losers, but the fact is the majority of vulnerable old people will lose big-time. If you must have one, die 2 years and 1 day after taking out the policy. (They don't pay before 2 years.)
Parky should be interviewed... about his scandalous adverts
By Martin Samuel - Sport for the Daily Mail
PUBLISHED: 21:15, 25 October 2012 | UPDATED: 01:04, 26 October 2012
Sir Michael Parkinson is back on television next month, presenting a new talk show on Sky Arts. Masterclass, it is portentously called.
Asked what his first question would be if he was interviewing himself, Parkinson replied: ‘Why are you still working at the age of 77?’
Here’s a better one. Why, as a very well-off 77-year-old, are you still encouraging old dears to part with their savings for poor-value insurance deals?
Why, when you surely don’t need the money? Why, when the schemes you push can be a rip-off and prey on the sad little terror of a pauper’s funeral? Why, at your age?
The same question to Gloria Hunniford and daytime TV’s other celebrity shills.
Masterclass may be Parkinson’s last hurrah as an interviewer, but AXA Sun Life Guaranteed Over-50 Plan is his day job. Not least because that’s the only time you see it.
Parkinson is part of a loop of adverts that run through the sunlight hours, aimed at the sort of people watching Sky Sports News at half-past two in the afternoon. The elderly, the unemployed, the infirm, the skint and, occasionally, me.
It is a cavalcade of desperation. Ambulance-chasing lawyers, extortionate short-term loan sharks and good old Parky.
He tells wrinkly folk how to cover their funeral costs, and offers them a free pen.
The heavy rotation of his ad suggests his celebrity endorsement is paying off: more than 790,000 people have apparently signed up with AXA Sun Life.
Yet if getting into bed with the payday loans firm Wonga is a bad idea, you should have your rigid corpse chucked on a bonfire on November 5 rather than sign up for one of Parky’s plans.
Most of these payment schemes promise a lump sum on death, and that amount is limited. Contributions, however, are not. Even when you have covered your sum — and it will not rise — your payments continue until your last breath.
As people are living longer than ever, this could go on for decades. Suppose you take it out at 65 and live to 94?
In one case cited during a recent investigation, an 84-year-old woman had a guaranteed payout of £2,738, but had already put in £3,727. And while she lived, she paid — £22 a month for the rest of her life, to fund a nest egg that could not grow. Still, no doubt she enjoyed her free pen.
Maybe Parkinson doesn’t see it that way. Maybe he really believes in this project. Maybe he has one himself. What do you reckon?
At 77, why do advertising at all? Fresh from stage-school and need the money? Sure. Out-of-work actor with no gig in months? Be our guest.
Recently divorced and the missus is claiming half of every pay cheque? We’ll turn a blind eye.
But Parkinson? Sir Michael Parkinson? A man so comfortable in his skin and, one presumes, in the company of his bank manager that he can appear on a show called Masterclass without a trace of self-doubt. A man who summed up his circumstances this week by telling an interviewer: ‘I have a great life.’
This man needs to flog insurance to lonely old widows? From here we’ll ask the questions, Michael, if you don’t mind.
Read more: http://www.dailymail.co.uk/debate/article-2223177/Michael-Parkinson-interviewed-scandalous-adverts.html#ixzz4TZZNDEJg
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Parky made a few quid out of staring in a advert ::)
I don't suppose that parky and his team of lawyers thought about carrying out due diligence before he tried to flog us a slightly dodgy policy and pen ::) At the end of the day, he stared in a advert, doesn't mean he has to be held accountable for life ;D
Do you hate the car salesman that flogged you a car that the engine blew up on 5 years later ??
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There should be a law against the daily mail. ;D
Is this a sports writer?
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I pay £18 a month for a payout of £4300. I hope I pay in £1000000.
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I pay £18 a month for a payout of £4300. I hope I pay in £1000000.
You probably will. ;)
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I dislike the way that so called 'national treasures' like Parkinson and June Whitfield are wheeled out to sell these dodgy policies. The vast majority of the people who take one out will end up out of pocket.
Of course, These 'faded long past their prime celebs' are well aware of this but don't give a f*ck because they are handsomely paid.
Sadly, there are plenty of old dears out there are trust dear old Parky and co so are easily duped.
Shame really. At one time Parkinson was a half decent journalist now he's just a dodgy salesman. :'(
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With you all the way on that one Doctor. Fortunately, I saw the error of his ways and declined.
Its the same with (or was) pensions. Offered a choice of 25% cash tax free, and a monthly income, against no lump sum up front, and an increased monthly income. Problem is, the monthly income increase means you have to live about another 20 years to get back what you could have had up front !!! :( Die early and its gone, unless you leave proviso for swmbo, then the monthly amount decreases.!!
I took what I could get maximum. Blow swmbo, she will have the house :y
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With you all the way on that one Doctor. Fortunately, I saw the error of his ways and declined.
Its the same with (or was) pensions. Offered a choice of 25% cash tax free, and a monthly income, against no lump sum up front, and an increased monthly income. Problem is, the monthly income increase means you have to live about another 20 years to get back what you could have had up front !!! :( Die early and its gone, unless you leave proviso for swmbo, then the monthly amount decreases.!!
I took what I could get maximum. Blow swmbo, she will have the house :y
You're arse about face there, Tony. ;D
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Insurance, of any kind, is for peace of mind. You can't put a price on that.
Sure, you could save your monthly premium in a building society, and get 0.25% interest, but until you had enough to pay for your funeral, you'd be a worried man/woman.
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Who gives a sh1t how much it costs? You're dead already. I'm going with the green option, cardboard box as my Mum did, very cheap IIRC. :y
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Insurance, of any kind, is for peace of mind. You can't put a price on that.
Sure, you could save your monthly premium in a building society, and get 0.25% interest, but until you had enough to pay for your funeral, you'd be a worried man/woman.
By the time you drop off the perch you'll have paid in £10000 and your £4300 will be worth about £2.78 due to future inflation.
You won't get much peace of mind with £2.78. ;D
Parky will be laughing all the way to the bank though....the wrinkled old fart.
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Jeez, what's an old socialist like you doing reading the Daily Mail? :o :-\
I didn't think any self respecting comrade would admit to that! :P ;D
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Jeez, what's an old socialist like you doing reading the Daily Mail? :o :-\
I didn't think any self respecting comrade would admit to that! :P ;D
I came upon it by pure chance......exactly as happens with black lesbian video's. ::)
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Jeez, what's an old socialist like you doing reading the Daily Mail? :o :-\
I didn't think any self respecting comrade would admit to that! :P ;D
I came upon it by pure chance......exactly as happens with black lesbian video's. ::)
Both of which quite shocking and sensationalist in their own way! ::) ;D
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Insurance, of any kind, is for peace of mind. You can't put a price on that.
Sure, you could save your monthly premium in a building society, and get 0.25% interest, but until you had enough to pay for your funeral, you'd be a worried man/woman.
That's the biggest con of the lot imo. Pay thousands of pounds to meet up somewhere and cry over the fact that the corpse of your loved one is in the wooden box at the front. And then see it lowered into a hole in the ground or disappear through a pair of curtains so they can be burnt to dust.
Most people don't seem to realise there is no legal compulsion to do any of this, apart from disposing of the corpse in a legal manner.
After the ordeal of my Dads funeral a couple of years ago, I told my nearest & dearest that I don't want a funeral of any kind, unless they feel strongly that it would somehow do them some good.
My remains can be sent to the local crematorium without all the ceremonial fuss, and then they can collect the ashes (if they want to) and scatter them somewhere appropriate - such as the doorway of the local VX parts dept. ;D
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Insurance, of any kind, is for peace of mind. You can't put a price on that.
Sure, you could save your monthly premium in a building society, and get 0.25% interest, but until you had enough to pay for your funeral, you'd be a worried man/woman.
That's the biggest con of the lot imo. Pay thousands of pounds to meet up somewhere and cry over the fact that the corpse of your loved one is in the wooden box at the front. And then see it lowered into a hole in the ground or disappear through a pair of curtains so they can be burnt to dust.
Most people don't seem to realise there is no legal compulsion to do any of this, apart from disposing of the corpse in a legal manner.
After the ordeal of my Dads funeral a couple of years ago, I told my nearest & dearest that I don't want a funeral of any kind, unless they feel strongly that it would somehow do them some good.
My remains can be sent to the local crematorium without all the ceremonial fuss, and then they can collect the ashes (if they want to) and scatter them somewhere appropriate - such as the doorway of the local VX parts dept. ;D
Ummm cremation leave the bones....a bone crusher turns them to 'dust' :y
I don't care where I go....I wont know after all....let the council do a 'paupers' burning as far as I'm concerned and use my ashes to do some good on the roses in the local park if they want.....but that will probably health and safety issue...so chucked in a skip will do :y
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Insurance, of any kind, is for peace of mind. You can't put a price on that.
Sure, you could save your monthly premium in a building society, and get 0.25% interest, but until you had enough to pay for your funeral, you'd be a worried man/woman.
That's the biggest con of the lot imo. Pay thousands of pounds to meet up somewhere and cry over the fact that the corpse of your loved one is in the wooden box at the front. And then see it lowered into a hole in the ground or disappear through a pair of curtains so they can be burnt to dust.
Most people don't seem to realise there is no legal compulsion to do any of this, apart from disposing of the corpse in a legal manner.
After the ordeal of my Dads funeral a couple of years ago, I told my nearest & dearest that I don't want a funeral of any kind, unless they feel strongly that it would somehow do them some good.
My remains can be sent to the local crematorium without all the ceremonial fuss, and then they can collect the ashes (if they want to) and scatter them somewhere appropriate - such as the doorway of the local VX parts dept. ;D
You could become a recycled pollen filter. ;D
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
You can't fool me, TB.
You fancy the arse off sexy Shami. :D
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
You can't fool me, TB.
You fancy the arse off sexy Shami. :D
Err, no. She's properly pig ugly, probably started life as a man, and so full of shit, I wouldn't touch her with yours.
She'd be fairly high up the cull list, not because of her god awful looks, but because of her misplaced stupidity around do-gooding.
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
You can't fool me, TB.
You fancy the arse off sexy Shami. :D
Err, no. She's properly pig ugly, probably started life as a man, and so full of shit, I wouldn't touch her with yours.
She'd be fairly high up the cull list, not because of her god awful looks, but because of her misplaced stupidity around do-gooding.
Far too fussy. ;D
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
You can't fool me, TB.
You fancy the arse off sexy Shami. :D
IMO she looks like a Dutch seawall. ::) ::) ::)
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
You can't fool me, TB.
You fancy the arse off sexy Shami. :D
IMO she looks like a Dutch seawall. ::) ::) ::)
I had to look this one up, Mr Rods.
Yet another term for 'lezzer' or 'rug muncher'
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
You can't fool me, TB.
You fancy the arse off sexy Shami. :D
Err, no. She's properly pig ugly, probably started life as a man, and so full of shit, I wouldn't touch her with yours.
She'd be fairly high up the cull list, not because of her god awful looks, but because of her misplaced stupidity around do-gooding.
Wouldn't it be better to see if you could cure her of her lesbianism with a good shag. ;D
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Doctor,
I'd much rather see Parky sell his soul to the devil, than watch that ugly bint Shami open her cakehole, as worse crap comes out of that.
You can't fool me, TB.
You fancy the arse off sexy Shami. :D
Err, no. She's properly pig ugly, probably started life as a man, and so full of shit, I wouldn't touch her with yours.
She'd be fairly high up the cull list, not because of her god awful looks, but because of her misplaced stupidity around do-gooding.
Wouldn't it be better to see if you could cure her of her lesbianism with a good shag. ;D
I'm all for Lesbianism, and joining in. But wouldn't go near her with an old stick.
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And oh shit, I really wish I hadn't posted that from a works connection. Opps.
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And oh shit, I really wish I hadn't posted that from a works connection. Opps.
Too late. ;D
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And oh shit, I really wish I hadn't posted that from a works connection. Opps.
Too late. ;D
New Year, new job...
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And oh shit, I really wish I hadn't posted that from a works connection. Opps.
Too late. ;D
New Year, new job...
;D
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And oh shit, I really wish I hadn't posted that from a works connection. Opps.
Too late. ;D
New Year, new job...
;D
Trying to get my head round that.....
Ok I can see a company logging where its employees visit on the WWW, but how do they log whats been typed into a discussion board? :-\ and further more, why would they care :-\
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Sexual harassment policy 101...
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but how do they log whats been typed into a discussion board?
Obviously, its in the packet(s)...
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Must admit Maureen had two of these policies[taken out at different times]and when she passed away she was on the "winning" side if you want to look at it that way.I also have two such policies again taken out at different times,with the longest running one it would pay out just over double what I've paid in to date,and the second would be even better than that.
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I was thinking about this last night, for some reason. I wonder how many people take these policies out after being diagnosed with a serious illness? Many people survive longer than twelve months even after the most life-threatening diagnosis.
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I was thinking about this last night, for some reason. I wonder how many people take these policies out after being diagnosed with a serious illness? Many people survive longer than twelve months even after the most life-threatening diagnosis.
Hard to find a definitive figure but it looks like Sun Life and others are on the winning side about 80% of the time.
However, if you think you have a good chance of lasting two years but will drop off the perch soon after then they can make financial sense.
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I was thinking about this last night, for some reason. I wonder how many people take these policies out after being diagnosed with a serious illness? Many people survive longer than twelve months even after the most life-threatening diagnosis.
Hard to find a definitive figure but it looks like Sun Life and others are on the winning side about 80% of the time.
However, if you think you have a good chance of lasting two years but will drop off the perch soon after then they can make financial sense.
Yes..I forgot sun life was two years. There are plenty that will pay out after 12 months.
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I was thinking about this last night, for some reason. I wonder how many people take these policies out after being diagnosed with a serious illness? Many people survive longer than twelve months even after the most life-threatening diagnosis.
Hard to find a definitive figure but it looks like Sun Life and others are on the winning side about 80% of the time.
However, if you think you have a good chance of lasting two years but will drop off the perch soon after then they can make financial sense.
Yes..I forgot sun life was two years. There are plenty that will pay out after 12 months.
Take one out and for a small consideration I will send a couple of lads around who will see you into the next world on day 366.
This way the long-suffering Mrs STMO will be well catered for. ;D
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I was thinking about this last night, for some reason. I wonder how many people take these policies out after being diagnosed with a serious illness? Many people survive longer than twelve months even after the most life-threatening diagnosis.
Hard to find a definitive figure but it looks like Sun Life and others are on the winning side about 80% of the time.
However, if you think you have a good chance of lasting two years but will drop off the perch soon after then they can make financial sense.
Yes..I forgot sun life was two years. There are plenty that will pay out after 12 months.
Take one out and for a small consideration I will send a couple of lads around who will see you into the next world on day 366.
This way the long-suffering Mrs STMO will be well catered for. ;D
Mrs STEMO is a very lucky girl, to have such a considerate, handsome, well hung chap such as myself. She is, of course, extremely grateful.......and so she should be. :)
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My Mum was covered by SunLife, and it took them almost 6 months to pay out the policy to pay for her funeral...
You wouldn't believe the hassle you get from the Co-Op about paying for a funeral, they ring up every couple of days just to remind you that your Mum has died, until the insurance pays up....