1% chance of death and 2% chance of extended illness is not "very small". I would put those risks as "very high", since that is essentially your risk budget fo

1% chance of death and 2% chance of extended illness is not "very small". I would put those risks as "very high", since that is essentially your risk budget for the entire year. I used to play a tabletop RPG that used percentile dice. For every action, there was a 1% chance of a miserable failure. Turns out, those cropped up quite a bit.