Not a very good analogy, Archie. When you buy life insurance (or an annuity), the salesman DOES want to know your age; if buying insurance, the older you are, the more you pay; if buying an annuity, the older you are the less you pay.

The club life membership is closer to an immediate annuity, in that you pay a lump sum and it serves to pay your membership fee each year till you die.

I'm not saying that the club should necessarily make the LM fee age-sensitive, but there is a case to be made for doing so.