Quote:
1 YR IOR 9X5 NBD 1 YR ONSITE REPAIR 9X5 NBD $39.00
...
4YR IOR 9X5 NBD 4 YRS ONSITE REPAIR 9X5 NBD $349.00
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Well, looking at it from the bookie--er, insurance statistician's point of view...
they think it is more than twice as likely to fail in four years than in one year. (If the four-year price were just four times the one-year price, then you could surmise that they believe it had the same chance of failing each year.) For whatever that's worth.