My buddy keeps this taped to his office wall.pic.twitter.com/dHuM5hKISc
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The only situations when it would not be Black Swan proof are pandemics/major war or something which fundamentally threatens rule of law itself. Othwerise you can do the math.
Yeah, it seems like, as a life insurance company, it would help to have policies scattered across the united states as these things are mostly not pandemic, but local.