Discussion Business idea: Incel insurance

[ilieknothing]

The policy would be that if you are a kissless virgin by a certain age (the younger the more expensive the policy) you get assigned a foid. The foid would be paid via the insurance premiums. There would be assessors of course and claims would be denied if claiming incel has a Chad face and other stuff cause they are volcelling to claim insurance.

There would be policy exclusions of course. Like if you willingly smash your face your claim will be denied.

 

[ShiiOfTheSPLC]

Let's start the company that sells Incel insurance and moneymaxx

 

[Cuckoja]

How much would cost on yearly?

 

[ilieknothing]

How much would cost on yearly?

We would need to develop a formula to calculate how much it would cost for each policy holder. Things to take into consideration would be race, height, face etc

 

[LesscoBlob]

I would buy it on the spot.

 

[wordingtonian]

You don’t know how insurance works, do you? What’s the difference between this and just straight up paying for a girlfriend yourself?

 

[ilieknothing]

You don’t know how insurance works, do you? What’s the difference between this and just straight up paying for a girlfriend yourself?

Once you claim you don’t pay any premiums

 

[wordingtonian]

Once you claim you don’t pay any premiums

So in order for any plan to be feasible the firm needs to profit, or basically make more money than it spends. In this case, the cost is presumably the money going towards hiring girlfriends, which is probably a lot. So in order for this to be able to exist the total amount of money paid by the premiums minus some arbitrary interest rate/discount factor is going to have to be more than that.

Anyone who is low-value in the dating market or an incel is going to be a very "risky" investment from the point of view of the firm because there is a higher chance of "failure," or actually having to pay the payout, which is a loss for the company. So if this does exist inches would have to either pay an astronomically high rate, or the service simply wouldn't accept incels at all. And besides, the cost of assessing risk by looking over someone's dating history is way too high rather than just looking at credit score/transaction history like regular insurance companies.

You're basically just asking firms to give you a free service, and no one will do that.

 

[ilieknothing]

So in order for any plan to be feasible the firm needs to profit, or basically make more money than it spends. In this case, the cost is presumably the money going towards hiring girlfriends, which is probably a lot. So in order for this to be able to exist the total amount of money paid by the premiums minus some arbitrary interest rate/discount factor is going to have to be more than that.

Anyone who is low-value in the dating market or an incel is going to be a very "risky" investment from the point of view of the firm because there is a higher chance of "failure," or actually having to pay the payout, which is a loss for the company. So if this does exist inches would have to either pay an astronomically high rate, or the service simply wouldn't accept incels at all. And besides, the cost of assessing risk by looking over someone's dating history is way too high rather than just looking at credit score/transaction history like regular insurance companies.

You're basically just asking firms to give you a free service, and no one will do that.

Non Chads and even Chads will buy policies, distributing the risk. Premiums just have to be higher than claims in insurance