The expected value (EV) to the insurance company can be calculated as:

$\text{EV} = (\text{Premium Paid} - \text{Payout}) \times P(\text{Survive}) + (\text{Premium Paid} - \text{Payout}) \times P(\text{Die})$

Given:

• Premium Paid = $240
• Payout = $210,000
• $P(\text{Survive}) = 0.999544$
• $P(\text{Die}) = 1 - 0.999544 = 0.000456$

$\text{EV} = (240 - 0) \times 0.999544 + (240 - 210,000) \times 0.000456$

Simplify: $\text{EV} = 240 \times 0.999544 - 209,760 \times 0.000456$

$\text{EV} = 239.89056 - 95.65216 = 144.2384$

The expected value of this policy to the insurance company is $144.24.