If people take up a dangerous hobby like Sky Diving can you buy life insurance even if they are not your relative?
Could you for example buy term life insurance for every member of a sky diving class?
If not can we make something like this a new thing in the investment market?
Some sort of economic tool that makes money off of people's bad decisions that cause them to die
Maybe buy life insurance for large groups of people in the military and make money if they accidentally die in war
@shortstories I don't remember where I read it - I think it was a book, the name of which escapes me. It was about a potential system for assassins to use. There was like a deadpool / lottery where you'd put a name out there (a hit) on a list, and strangers (assassins) would "guess" the date of death. If they "guessed correctly" (completed the job) they'd get paid in crypto currency for "winning."
Your post reminds me of this a bit.
@RoninGrey
I am not talking about assassanating people
I am talking about if someone you know takes up a dangerous and stupid hobby and you warn them how dangerous it is and then they decide to do it anyway so you buy life insurance for someone with their name
And then if it is a group hobby you try to find out all the names of people in their hobby group and by life insurance for someone with their name
But the benefits go to you instead of one of their relatives