Question 1179477
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The expected value for the person buying the insurance is


    0.00247*100000 - 260 = -13 dollars.


In other words, the person pays 13 dollars to have this opportunity for his (or her) family to get $100,000 
in case of his (or her) death.


It is also the amount for the insurance company to get (to gain) for their service, as a statistical average per person.
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Solved, answered, explained and completed.