In Reply to: YES life ins. is a NECESSARY bet... posted by SL on January 14, 2000 at 09:32:01:
: to protect your family from what will be a big enough tragedy if it should happen without being compounded by immediate financial crisis too. I did not intend to suggest otherwise!
: But it is still fundamentally a "bet" calculated using exactly the same statistical principles casinos use to program slot machines. I guess you are in a line of work that doesn't deal with such matters on a daily basis, so like most people you don't really think about it that way.
: I'll stop belaboring now :-)