The individual likelihood is not <1%. It's probably more like 10-15% per person. some would be low some much higher. But I wasn't the only employee there there was around 12 employees in that office. There were several who were > 50 years old and in the high risk category which could put them up to 25%.
So given this plus your statement about the £1100 for a brand new one divided by the lifespan which I think is 5-10 years for each £110 per year I would say the value my life < £1000.
The CEO himself was very high risk and had actually been in the hospital recently for a suspected heart attack (a small one that didn't require intervention).
> Imagine if there was a meteor shield the company could buy for £250
The chance of being hit by a meteor is several orders of magnitude smaller than having a heart attack so this comparison is invalid.
A better comparison is being in a car crash and yes if they didn't spend £250 per 5 years to drastically improve my chance of dying in a car crash my life is worthless to them.
The company never listened to me on any of my suggestions so I think they were not listening and just denied my request the same as ever other request of mine they denied. I once asked for a new mouse and they denied that as well some CEOs are just like that.