From The NY Post editorial board, July 28, 2017.
“Your tax dollars at work: The Palestinian Authority is now using half of its foreign aid to reward terrorism. The new PA budget boosts support to terrorists in prison by 13 percent and aid for the families of those killed ‘in the struggle against Zion’ 4 percent, reports the Institute for Contemporary Affairs. The total, $344 million, equals 49.6 percent of all foreign aid to the PA. In other words, cash from Uncle Sam, Europe and even Israel is subsidizing ‘welfare for terrorists.’ The PA sends a salary to each Palestinian imprisoned for an attack on Israelis, hitting over $3,000 a month after 30 years. Other stipends go to families of ‘martyrs’ killed in the act. That’s $344 million for 2017 that’s not going to build roads or hospitals. Knowing that you or your family will be taken care of is a clear incentive to kill.”
This is not welfare, it’s the suicide bomber “life insurance” policy. The term “life insurance” itself is a misnomer. While someone’s life is insured, the policy only pays off in the event of the death of the person insured (the insured). But the major tenets of traditional “life insurance” are turned upside down, just like the “logic” of the killer-Islamists, or Shaheeds. I use that term, k-I, to denote all those who claim to kill and destroy in the name of Allah, the “all merciful” , which seems to be the last name of their particular deity.
“Merciful to whom” is a question beyond the scope of my humble treatise, but my use of k-I will hopefully forestall my being called Islamophobic, though I willingly accept the appellation k-Iophobic or shaheedophobic. Shaheed, by the way, is the appellation given to these heroes of martyrdom. If you aren’t Shaheedophobic, you either have a death wish, or are not in the vicinity of their bomb radius. Not all Shaheeds use bombs–some use guns, knives, vehicles or their body odor to kill. The only requirement is that they be killed as a consequence of their taking of other lives.
Traditional life insurance requires at least the following conditions, the better to protect not only one policyholder but the insurance company itself, which protects all of it’s policyholders.
1. Insurable interest: Means that the beneficiary of the policy–the person or entity to which the pays on the death of the insured–must be either economically or emotionally injured by that death.
2. Suicide clause: Establishes a period, usually 2 years, during which the policy won’t pay out if the insured commits suicide. Pretty obvious need for that one.
3. Premium paid by policy owner to the insurance company for accepting the financial risk of the insured’s death. The policy will lapse for non-payment.
4. The policy, a legally enforceable contract guaranteeing that the company will pay the “death benefit”, the amount agreed upon by contract.
5. Statistically verifiable mortality tables, since the insurance company is accepting a very small premium for guaranteeing a very large payout to every policyholder. The policyholder is transferring the financial risk of their death to the insurance company, which then spreads the risk among thousands or millions of other policyholders. The “law of large numbers” allows the company to do that.
Suicide bomber life insurance should properly be called Shaheed insurance, since not all of the dead murderers used bombs. Shaheed insurance violates all of the tenets of life insurance and many more.
1. Insurable interest is supposed to prevent someone insuring your life and then killing you for the insurance money, for profit. Since the beneficiaries of suicide bombers often encourage their death–though more for reasons of ideology than profit–or so we assume, giving the survivors money adds a profit motive and an additional incentive for the killing. It’s safe to say that Shaheed insurance encourages more killing, while insurable interest reduces the incentive to kill.
2. Shaheed insurance only pays for suicide, traditional life insurance won’t pay for it for at least 2 years.
3. The payers of Shaheed insurance are essentially being duped, intending the money to benefit families and children, rather than it being used to kill their children. The money comes from third parties (governments, NGO’s, the U.N.) who do not generally intend it to encourage killing.
4. The legally enforceable life insurance contract makes sure that each party honors their obligations. Shaheed insurance is theft under false pretenses.
5. Since the mortality of suicide bombers is 100% by definition, because the policy doesn’t pay until he or she is dead, mortality tables are, in the understatement of all times, superfluous.
Allow me to propose an alternative.
Since practically all the money for Shaheed insurance comes from the U.N., or countries sympathetic to Palestinians, or countries too stupid and unaccountable to keep track of how the money is used (I count the U.S.A. among them), my humble suggestion is for every bureaucrat that dispenses that money: use some of it to buy a gun and bullets, and shoot yourself in the head. That should reduce the overall death toll, or at least the toll among innocent bystanders.