ins005
General information
Question text: | Suppose that you own a life insurance policy that promises to pay a death benefit of $^FL_amount_life to your estate. We would now like to focus on what might happen just during the next calendar year.
Suppose that you were to die during the next calendar year. You have been given 20 balls to put in the following bins. Each bin describes a scenario that involves the life insurance payment that you are supposed to receive next year. The more likely you think a bin is, the more balls you should put in that bin. What do you think will happen to the life insurance payment next year? |
Answer type: | Custom |
Label: | probability life insurance payment |
Empty allowed: | One-time warning |
Error allowed: | Not allowed |
Multiple instances: | No |