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sins002
General information
| Question text: | Suppose that you own a life insurance policy that promises to pay $^fL_amount_life to your estate.
Suppose that the stock market decreases by ^sins001_randomizer next year. We are now interested in the percent chance that during this next year the life insurance becomes worthless due to no fault of your own. This means that the life insurance will never make any payment. This might occur if the insurance company goes out of business, they claim you violated a clause in the contract, or they ruled the policy void for some other reason. What is the percent chance this occurs? |
| Answer type: | Slider |
| Label: | chance never life insurance payment |
| Empty allowed: | One-time warning |
| Error allowed: | Not allowed |
| Multiple instances: | No |