Quote:
Originally Posted by GGG
She likely didn’t have a life insurance product at that time that the change in risk from her not dying would have affected the probability of payout.
I am way down a rabbit hole of disagreeing with Iggy that insurance companies would pay for some of the retesting because it would reduce their costs. While your above example is likely a benefit of medical testing for drivers license renewals it it’s unlikely to change the profitability of insurance companies.
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I agree insurers wouldn't pay for testing, but I think it would be a good idea for it to be mandatory, at least at a certain age.
The hundreds of thousands of dollars of extra medical car my great aunt got from AHS would cover the cost of many, many road tests.