«The evidence is strong that people want extra lifetime, even at the risk of pain and other probable costs.» (gladstone.org)
Given the paucity of hard data on which to calculate probable costs and benefits, how can responsible decisions be made in the midst of this uncertainty? (religion-online.org)
It must (1) understand all exposures that might cause a policy to incur losses; (2) conservatively assess the likelihood of any exposure actually causing a loss and the probable cost if it does; (3) set a premium that, on average, will deliver a profit after both prospective loss costs and operating expenses are covered; and (4) be willing to walk away if the appropriate premium can't be obtained. (fortune.com)