The premiums you don't pay, the premiums you avoid is the return on investment on that money. So even if you do have $40,000 in savings and you lose $1,400 a year, $1,16 per month in purchasing power, over the long term, you might make back by being more heavily invested in equities or by... You might save that in deductibles. There it is. It's so simple. I feel like sometimes the professors online think too much about the ROI and an emergency fund. Right.

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