Death can wreck your whole life
Funny how whole life is a term
In insurance as is term or end
Or death which is a governing
Factor in insurance without death
It makes absolutely no sense to
Gamble with a company over
Something that can’t happen
They’re lousy investments best
If you die off after the first
Qualifying premium that’s the
Big score but many won’t pay
Off in the first year or if you’re
A suicide within five ten years
Don’t be depressed they’re only
Covering their ass so as not to
Shed money if they made a bad
Bet if you should happen to
Demise too soon after the signup
They’ll investigate the hell out
Of your beneficiary your spouse
If the crime shows can be trusted
Tell the truth insuring yourself
Is one of those altruistic gestures
You make for your family ‘cause
Sure as hell you’re not going to
Benefit one complicating factor
Arises when your employer
Takes out a policy on your life
Claiming they’re likely to suffer
When you nosedive the law requires
The company have an insurable
Interest otherwise they’re just
Gambling on your not going to
Make it to retirement which
Depending on how privy they
Are of your medical facts might
Give them an edge in the toss
It would not be unlike some
Execs I know to drive a fellow
To an ulcer a heart attack
Especially if they didn’t make
Their goals for the company
It’s just a bad policy wordplay
Again to place temptations like
That where they have no business
Derivatives that mind numbing
Financial instrument is quite like
That first you negotiated an
Insurance that the cost of
Grain wouldn’t fall when your
Crop comes in you paid a
Premium to cover your losses
In the event that’s ok if you’re
A farmer with a family to feed
Or an airline insuring themselves
Against price hikes in the cost
Of fuel three months down the
Way essential to business prudence
But what if you’re a broker who
Thinks some stock will tank of
Which he doesn’t even own a share
Somebody will offer him terms
Take his premium as a profit
Over what they think is a stupid
Bet suppose financial insurance
Companies take the position this
Is a gravy train and keep taking
On huge gambles they feel are
Sure things for a while money
Is popping up everywhere so
Just in case they’ve exceeded
Their smarts the insurance
Companies buy derivatives
To cover their asses in case
Of a bust before long the
Whole country is overwagered
Then something goes wrong
Time to pay off but they haven’t
Enough penazzi to make good
That’s basically what happened
In 2008 the wizards of Wall Street
Greeded themselves of their
Fortunes then came hat in hand
To the taxpayer for bailouts
Because everyone knew the
World would explode if we let
These thieves go out of business
c.J.S.Manista, 2015
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