>>My anecdote is a cheerful fellow who showed me his health insurance calculation. If he had no big claims, he'd access preventive care to its full extent- check ups, dental, as much as possible with a really good year being one in which he consumed more than he contributed. I did not try to explain why the best and cheapest insurance policy is one people rarely claim against- sort of like fire insurance.
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>Embolded totally true. Problem is, to my best mathmatical models the probability of fire consuming a house is not only to a degree lower than death happening to a living person in the future. One of the slight-of-hands figures of speech is to equate/subsumize both under the term "insurance"

But the latter probability is 1. Whereas a house's probability of being lost to fire is much lower - houses fall from abandonment, earthquakes, bulldozers, floods and fire - in various proportions, I'd say, depending on geography.