>Every decade in which they don’t build up enough to pay for it outright, they’re on a losing treadmill because the premiums typically more than double per decade of age,
Some universal life insurance policies are fixed premium. But yeah, this mainly helps if you get it when you’re younger.
>reduce the probability of dying permanently in the next decade by something like 0.0005
We can condition on being healthy, not taking big risks, not committing suicide; I’m not sure how much that is. Your estimates suggest it’s less by a factor of 15 or so, if probability of cryonics working is 50%. Eyeballing causes of death https://www.worldlifeexpectancy.com/usa-cause-of-death-by-age-and-gender this seems implausible, a factor of say 3 seems plausible, though maybe dying to homicide and car accidents is much more controllable than I’m assuming.
What you are describing is covered by the condition at the start of my post: “very much (at least order-of-magnitude) greater confidence that the process will work”.
My calculation is based on the minimum probability that it will work for it to be worthwhile for me, which is around 5% chance of success.
I’m saying that people in their 20s who have at least order of magnitude greater confidence than you that cryonics will work, don’t need to care at the level of 0.0005, just at the level of 0.003, which is much greater. This seems in conflict with what you wrote.
>Every decade in which they don’t build up enough to pay for it outright, they’re on a losing treadmill because the premiums typically more than double per decade of age,
Some universal life insurance policies are fixed premium. But yeah, this mainly helps if you get it when you’re younger.
>reduce the probability of dying permanently in the next decade by something like 0.0005
A male in the US age 20-30 has about 0.015 chance of dying in that time period; a female half that. https://www.ssa.gov/oact/STATS/table4c6.html
We can condition on being healthy, not taking big risks, not committing suicide; I’m not sure how much that is. Your estimates suggest it’s less by a factor of 15 or so, if probability of cryonics working is 50%. Eyeballing causes of death https://www.worldlifeexpectancy.com/usa-cause-of-death-by-age-and-gender this seems implausible, a factor of say 3 seems plausible, though maybe dying to homicide and car accidents is much more controllable than I’m assuming.
What you are describing is covered by the condition at the start of my post: “very much (at least order-of-magnitude) greater confidence that the process will work”.
My calculation is based on the minimum probability that it will work for it to be worthwhile for me, which is around 5% chance of success.
I’m saying that people in their 20s who have at least order of magnitude greater confidence than you that cryonics will work, don’t need to care at the level of 0.0005, just at the level of 0.003, which is much greater. This seems in conflict with what you wrote.
If you prefer, mentally insert an “otherwise, …” after the first paragraph.