What kind of bank gives back 65 percent-often less-of what you deposit? Indeed, when you compare the services of a bank and an insurance company, common sense suggests something is out of whack. — Andrew Tobias Copy Share Image
The first American insurance company was the Friendly Society for the Mutual Insurance of Houses Against Fire, founded in Charles Town in South Carolina, in 1735. — Andrew Tobias Copy Share Image
No wonder lawyers, who control the legal system, have fought so hard, and with great success, against "no fault" insurance. No fault, no lawsuits.… — Andrew Tobias Copy Share Image
There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously… — Andrew Tobias Copy Share Image
One of the advantages of the book's having been out there for more than a quarter century is that there's been time for people… — Andrew Tobias Copy Share Image
Man's natural life span, 75 to 90 years or so, has not increased. It is the number of us who manage to attain it… — Andrew Tobias Copy Share Image
But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend… — Andrew Tobias Copy Share Image
“I was terribly intolerant, but they were terribly threatening to me. They were everything I was afraid of becoming.” — Andrew Tobias Copy Share Image
Life insurance in America has traditionally been dominated by mutual insurers. Twelve of the fifteen largest life insurers are mutuals. — Andrew Tobias Copy Share Image
The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the… — Andrew Tobias Copy Share Image
I think a lot of people would rather have more control over their life than less. — Andrew Tobias Copy Share Image
The industry cannot long offer unneeded or overpriced insurance if people will not buy it. — Andrew Tobias Copy Share Image
In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America. — Andrew Tobias Copy Share Image
