Step 1 :The question is asking for the monetary values corresponding to two events: surviving the year and not surviving the year, from the perspective of a 27-year-old male.
Step 2 :The value corresponding to surviving the year would be the amount of money the 27-year-old male would have at the end of the year if he survives. This would be his income or savings for the year, which is not given in the question.
Step 3 :The value corresponding to not surviving the year would be the death benefit paid out by the policy, which is given as $80,000.
Step 4 :Final Answer: The value corresponding to not surviving the year is \(\boxed{80000}\). The value corresponding to surviving the year cannot be determined from the information given in the question.