N YOUR OWN WORDS-PEASE DO NOT COPY AND PASTE ) Pease GIVE A TWO TO THREE SENTENCE RESPONCE FOR EACH STATEMENT BELOW. FOR EXAMPLE,--> You can agree or disagree with the statements & why or why not? You can add to the statements or ask questions. The stamens are about buying term life insurance?

A) No, I would not buy the term life insurance. The reason why I would not is that the probability of me dying between the ages of 30 and 50 are very low. The better plan would to be ton invest that same amount of money every month and then use that money to pay off debts when I die. This way I may have more money after saving it and the insurance company would not make a profit off of me. Another example of this same concept could be seen in gambling as this deals with the probability of losing or winning money. This same decision would have to be made in gambling.

B) Yes, even though the insurance profits from me, the outcome of an injury can be more costly if I dont have insurance. Is the same as when you get a loan from a bank the more amount you request the higher the interest rate, is the price of doing bussiness.