If a couple consistently buys health insurance for 20 years but never suffer a costly illness, were their premium payments wasted? No, if the safety of being insured was worth less to them than the monetary cost of the premiums No, if the safety of being insured was worth more to them than the monetary cost of the premiums Yes, because having insurance is never worth more than the monetary cost of the premiums Yes, if the safety of being insured was worth more to her than the monetary cost of the premiums