Charley Sproule

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Last quote by Charley Sproule

That's why we have C.P.A.s and actuaries and insurance professionals – to run the business properly. In my opinion, the actuaries and executives and the board should be held legally liable for this, but they won't. They'll get off scot-free. That's why we bought insurance, so that all of our assets wouldn't be gobbled up by nursing-home costs. We end up suffering about a 48 percent loss. We're probably uninsurable. You buy long-term-care insurance when you're young and healthy, because that's how you pay the lower premium.feedback
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Apr 01 2017
This page is completely dedicated to what Charley Sproule has to say. All of Charley Sproule’s quotes are organized here by date and topic. The most recent quote attributed to Charley Sproule came from an article called Policyholders in Limbo After Rare Failure of Insurer - The New York Times: “That's why we have C.P.A.s and actuaries and insurance professionals – to run the business properly. In my opinion, the actuaries and executives and the board should be held legally liable for this, but they won't. They'll get off scot-free. That's why we bought insurance, so that all of our assets wouldn't be gobbled up by nursing-home costs. We end up suffering about a 48 percent loss. We're probably uninsurable. You buy long-term-care insurance when you're young and healthy, because that's how you pay the lower premium.”.
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