Stanley Victor Paskavich: Insurance to Die
on Friday, June 30, 2017Stanley Victor Paskavich Money Quote saying we’re worth much more in insurance money if we die than what we’re worth to live when hourly wages are the measure. Stanley Victor Paskavich said:
“You can get over a million dollars worth of life insurance in case you die, but only eight to ten bucks and hour to live” ~ Stanley Victor Paskavich
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In this quote, Stanley Victor Paskavich seems to be drawing a contrast between the high monetary value that can be obtained through life insurance policies in the event of death, versus the relatively low hourly wages many live on while alive.
By noting one can get over a million dollars of life insurance but only earn $8-10 per hour to live, Paskavich implies there is a mismatch between the worth assigned to people after death compared to during their living years.
The quote suggests society and financial systems place a higher economic value on individuals after they have passed on, rather than supporting them adequately when alive through a living wage.
Overall, Paskavich appears to be making a critical commentary on priorities and the disparity between life insurance payouts versus real-time earning power for many.
#NationalLifeInsuranceDay May 2