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
I want to be really specific about this. I am not talking about investing in a funeral home or something that makes more money when more random peoplle die.
But investing in specific groups of people that take up dangerous hobbies and buying life insurance for the group.
