I kept Clio and Oz sepreate for almost a week (because OZ was flipping the fuck out.) Then I had a day where I left Oz sniff around the main floor where Clio was and vice versa, and introduced them.

Avon Meowsdale.

You guys have the best cat names.

Hey, hivemind, what was the hinkiness with Prudential paying survivor benefits with in house checking accounts? I remember something in the news but not the details.

It's that they are sitting on the money, investing it to their benefit (a healthy return, too!) not you, and the checks aren't really checks per se. It's like being forced to bank with them, with no control over the rates or access. But since they aren't a bank, you aren't FDIC covered. Here you go: [link]

Thanks, that is what I was looking for. Fuzzy memory + buffistas = actual information once again.

I'm confused by that article. Are the companies giving people a choice in the matter or not?

I'm not surprised by the con though. As more and more people realize that whole-life policies don't really make financial sense, the insurance companies were bound to come up with something.

You can opt out in the sense that you can withdraw everything immediately, but it's not obvious from the documentation that the account is not a normal bank account. Saying people ar forced into it is a bit strong, but it is the default.

So, basically, they're preying on grieving people that might have something else on their minds. Nice.

Pretty much.

Ugh. I'm sorry you have to be dealing with people like that.

What Megan said. Asshats!

I need to decide what to do today. I suspect it should probably include getting out of the house and/or eating something healthier than triscuits, but so far I am at a loss.