"mary and bob are trying to decide how much auto insurance to buy". they share the same expectations of an accident, with the same dollar loss. they also have the same income levels. however, mary would rather buy very little insurance, while bob would rather buy much more insurance. this suggests that:

Part 1: interview at least three different people you know that fall within three age ranges (25-35), (36-50), and (51-70) year of age. ask each person you interview if they have life insurance (term, whole life etc.) and health insurance. ask what factors influenced their decision to buy or not the insurance coverage? report your findings to this assignment. specify who the people were that you spoke with.\