What Are The Odds?

What Are The Odds?

When we discuss events that are a long shot, we often use terms like โ€œone in a millionโ€ or โ€œYourย odds are better of getting struck by lightning. These are relatively simple ways to convey the odds of the event occurring are minimal. But what are the real odds of something happening in your life? Of course, the chances greatly depend on your exposure to such events. Overall, however, here is a closer look.

What are the odds of…

Getting in a Car Accident?

It is a bit eye-opening to realize your odds of being involved in a car accident each time you climbย into a car is 1 in 103. Virtually everyone will be involved in a car accident once every eight years.

Getting Attacked by a Bear?

The chances of getting attacked by a bear depend greatly on your exposure. For example, only one in 2.7 national park visitors will get attacked, but if you are in the back country the odds increase to about 1 in 232,000. Spend 80 days in the back country and the odds increase to 1 in 2,600 chance.

Getting a Hole in One?

The odds of an average golfer getting a hole in one is about 12,500 to 1. For a professional golfer, the odds drop to about 1 in 2,500.

Dying in a Plane Crash?

Fear of flying is common but largely unfounded. The odds of dying in a plane crash are about one in 8,800. That translates into a fatal accident on every one in 16 million flights. The odds of dying in a car accident are much higher at 1 in 114.

Having Two Different Colored Eyes?

Heterochromia is when a person has two different eye colors. While these two colors may more frequently be imperceptible, the odds of having heterochromia is less than 1%.

Dying Without Life Insurance?

Out of about 6,800 people who die each day, almost half, almost 3,300 do not have any life insurance and another 1,445 have inadequate coverage. That is almost 70% who have no or inadequate lifeย insurance.

That is one statistic you can change. Contact one of our independent life insurance agents for a life insurance review, assessment and price quote. We look forward to assisting you.


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