A life insurance company sells term insurance polices. These policies pay $ 100,000 if the policyholder dies

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A life insurance company sells term insurance polices. These policies pay $ 100,000 if the policyholder dies before age 70, but pay nothing if a person is still alive at age 70. If a person buys a policy at age 40, what is the probability that the insurance company does not have to pay?
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