"Life insurance is a euphemism for death insurance. The principal purpose of life insurance is to shift the financial risk of dying young to an insurance company. By buying into a pool with other people worried about the same risk, those who die older in effect pay for those who die younger. Accordingly, by dying young, the insured wins his bet with the insurance company -- a small consolation, perhaps."
--From my Wills, Trusts and Estates book.
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