Furthermore, people who buy life insurance self-select for being more prudent in general.
On the other hand, there's also selection for people who aren't expecting to live as long as the average, and this pool includes prudent people.
Anyone have information on owning life insurance and longevity?
On the other hand, there's also selection for people who aren't expecting to live as long as the average, and this pool includes prudent people.
And on yet another hand there is selection for people who are expected to live longer than the average (selection from the salemen directly or mediated by price.)
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