Carry term life insurance and long term disability so you can support your dependents if killed or injured, which you should be doing regardless of the motorcycle if you have dependents.
A former neighbor died from slipping on his icy front steps. Again, carry proper insurance if you have dependents. You can die unexpectedly from things far less dangerous than motorcycles.
You can die unexpectedly from things far less dangerous than motorcycles.
Existantials are always trivially true. But statistically:
The lifetime odds of dying as a motorcyclist are roughly 1 in 726. While data specifically tracking "slipping on ice while walking" is rarely isolated on its own, it falls under the broader National Safety Council category for deaths by falls, which has a lifetime odds of 1 in 89.
However, if we compare reduced life expectancy:
General lifetime falls reduce life expectancy significantly more across the whole population than motorcycle riding, but a motorcycle crash reduces a single rider's life expectancy far more severely.
Riding a motorcycle poses a vastly higher immediate threat to your lifespan than the everyday risk of falling. On a per-hour basis, riding a motorcycle costs roughly 5 microlives per hour of operation (shaving 2.5 hours off your life expectancy for every hour you ride) because of high speeds and a lack of external frame protection. In contrast, the risk of general falling—despite including hazards like ladders, stairs, and slippery surfaces—costs the average person less than a small fraction of a single microlife per hour of daily movement. While falls ultimately claim more total lives because everyone is exposed to gravity daily, an individual actively trading riding time for walking time dramatically improves their statistical life expectancy by drastically lowering their microlife expenditure.
The lifetime odds of dying as a motorcyclist are roughly 1 in 726.
The relative danger of motorcycling was not my point.
My point was: Everyone's lifetime odds of dying are 1 in 1. You don't know what will get you but rest assured something certainly will. So, carry insurance if you have dependents.
This isn't morbid, BTW. It's incredibly freeing to know that your family will be financially okay in the unexpected event you are incapacitated or killed.
Dying as a motorcyclist is different from dying. Life insurance either pays off or it doesn’t, if you hold it from 20 to 90, it usually doesn’t pay off.
The point of buying term life insurance isn't because you want it to pay out.
If you buy term life insurance that lasts while your dependents are minors, either you live the term and provide for them or you die early and provide for them.
I think we're talking past each other. I am going to call it here.
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In the parts of Europe where I've lived, Western/Northern EU, the ERs nickname motorcycle as "donor-wagons".
"Donorcycles" in the US.
Carry term life insurance and long term disability so you can support your dependents if killed or injured, which you should be doing regardless of the motorcycle if you have dependents.
A former neighbor died from slipping on his icy front steps. Again, carry proper insurance if you have dependents. You can die unexpectedly from things far less dangerous than motorcycles.
Existantials are always trivially true. But statistically:
However, if we compare reduced life expectancy:
i feel like lifetime is not the proper timeframe to use. Lots of 80 year olds die from falls. 40 year old dying from a fall is a rarity
The neighbor I mentioned was in his 40s.
Existentials are always true trivially.
The relative danger of motorcycling was not my point.
My point was: Everyone's lifetime odds of dying are 1 in 1. You don't know what will get you but rest assured something certainly will. So, carry insurance if you have dependents.
This isn't morbid, BTW. It's incredibly freeing to know that your family will be financially okay in the unexpected event you are incapacitated or killed.
Dying as a motorcyclist is different from dying. Life insurance either pays off or it doesn’t, if you hold it from 20 to 90, it usually doesn’t pay off.
The point of buying term life insurance isn't because you want it to pay out.
If you buy term life insurance that lasts while your dependents are minors, either you live the term and provide for them or you die early and provide for them.
I think we're talking past each other. I am going to call it here.
You still have to make a call on whether it’s worth it or not. People who think price doesn’t matter don’t live very long anyways.