Why do rich individuals buy duration insurance?

Why do rich people pay for time insurance when they have large money accounts, estates, and lots of valuable things to pass on to their family?
Typically, culture with more money buy life insurance for two reason.

#1
They can afford it.

#2
They want to be around long enough to be able to spend adjectives of their money.
Because it is the right thing to do, and (most) people become rich by doing adjectives the right things. Source(s): good life insurance
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"> Maybe they're paranoid


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