Is Life Insurance A Pyramid Scheme? 
Is Life Insurance is not a Pyramid Scheme . Life insurance is not a Ponzi scheme . Life insurance is not a multi-level marketing pyramid , although it can be sold like one via marketing multi-level distribution channel . Its built on the actuarial premise of the law of large numbers . The statistical odds of everyone covered with life insurance dying at the same time are too great to calculate . Bottom line it is one of the great societal financial products of the last 300 years . 