The luckiest unlucky man to ever live

Insurance is all about calculating the odds and planning for risk. Croatian music teacher Frane Selak defies the odds – watch his incredible story.

In a postscript to this story with a nice twist, Mr. Selak explains how he felt about things:

“I never thought I was lucky to survive all my brushes with death. I thought I was unlucky to be in them in the first place.”

He added that people were always telling him he was lucky to have survived so many disasters but he added: “I always think I was unlucky to have been in them in the first place but you can’t tell people what they don’t want to believe.”

In later years, he had a life change that made him realize he really did have “a charmed and blessed life.

What kills us?

Aaron Carroll is a physician and health policy researcher. He produces a series of videos called Healthcare Triage which answer a lot of questions people have about medicine, health, and healthcare. In his recent video, he talks about risk and mortality, saying:

One of the things that baffles me about people is how they completely misunderstand risk. Lots of my friends panic about things that have no real chance of killing them, but ignore the things that will. This can lead us to make irrational decisions, and sometimes irrational policy. What really will kill us? Watch and learn.

Read more about where he got his statistics:

No matter the odds, we never know what life has in store for us … and that’s where insurance comes in. Take reasonable precautions to lower your risk of injury or death and have protection in place to minimize the financial impact of any problems that do occur. If you have dependents who rely on your income, be sure to have adequate life insurance in place.

Insurance and the YOLO Approach to Life

It’s Friday of a holiday weekend so we’re offering a little amusement. Some people have a YOLO philosophy and approach to life, but we in the insurance industry wouldn’t advise unnecessary risks just for kicks – some things in life are actually dangerous, and it’s not always what you might think. This YOLO video clip featuring Adam Levine and Kendrick Lamar say is better than we ever could. But if this doesn’t dissuade you from the YOLO approach to life, here’s our final advice: Make sure your life insurance policy is up to date!

What’s Actually Dangerous?

The purpose of insurance is to offer you financial protection from accidental risks and calamities that may befall you. But even when you are properly insured, it’s still in your best interests to try to manage those risks as best you can because insurance may not make you whole – particularly when the risk involves life and limb. We often don’t do a good job of managing our risks. Sometimes, what we fear the most is actually less risky than other common every day occurrences – so human nature being what it is, people often worry more about rare events and can be too casual about dangers that are more pervasive. What’s really dangerous? This graphic about danger and “20 surprising safety statistics” illustrates that point pretty well – we found it interesting so thought we’d share. Click here to view a larger version and the source.