People sometimes buy insurance. Therefore, whenever you have the option to pay a cost to mitigate a large but improbable harm, you should take it, regardless of the exact sizes of the cost, harm, improbability, and degree of mitigation.
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People sometimes buy insurance. Therefore, whenever you have the option to pay a cost to mitigate a large but improbable harm, you should take it, regardless of the exact sizes of the cost, harm, improbability, and degree of mitigation.
