Re: 2nd to die policy, currency choices?

  "Ed Zollars, CPA" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
  > Brent D. Gardner, ChFC wrote:
  > I'm not sure any insurer, even if *allowed* to do it, would
  > generally want to set premiums in one currency but agree to
  > pay a death benefit in another.  Even more basic--I would
  > doubt they'd really like to add exchange rate risk on top of
  > the other risks they take on.
  >
  > So my guess is that if you wanted a policy that paid in
  > Swiss francs, you'd need to deal with an entity that
  > operated in Switzerland *and* would be paying premiums that
  > were set in Swiss francs (so you would take on the exchange
  > rate risk of the Swiss franc vs. the U.S. dollar).
  >
  > --
  > Ed Zollars, CPA
  > Phoenix, Arizona

  Good point, Ed. I'm sure it would be easy to add some language to deal
with currency differences, but why bother? There are Swiss insurance
companies, afterall.  =)