We all take bets\challenges. In all bets, we want to win.
But most of us also have taken a bet which we want to loose. Wondering what is this? Proceed further.
What is "Life Insurance"?
Basically if you die, you want to give a better life to your dependents. Atleast financially they hold respect in society.
But look at it in other way.
Its a bet you take with the insurance provider. The bet is death.
You say to the insurance company - "I will die and so you will pay".
The insurance company tells you - "You will not die and so I will not pay".
This is the challenge.
From inside, you want the insurance company to win the bet.
And the funny part is - you pay annually some amount to loose the bet. (they call it premium! Funny!)