Help! stuck on impossible probability problem...

I think I have to find out the net profit? I am not sure and I don't even know what formula to use. I definitely know it is not the complementary rules that apply. Here it goes: A 28-year-old man pays $165 for a one-year life insurance policy with coverage of $120,000. If the probability that he will live through the year is 0.9995, what is the expected value for the insurance policy?

Can someone enlighten me and show me how to get this. I'm pretty sure there will be plenty of these on my exam next week. I need some good tutoring, i'm not good in math. Thanks!