insurance companies
Insurance is gambling. You are betting you fuck up - the insurance companies are betting you will not. One of the few cases of being able to make money off people's intelligence.
Just The Facts
- You can insure against anything except an Act of God
- Any claim you attempt to make is an Act of God.
- God therefore exists - and is particularly sadistic.
What is Insurance?
Definition
Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment.
Say what?
You pay someone to take the risk that you fuck up big time. If you do, they pay out. If you don't, they cash in. Most people are reluctant to seriously fuck up their car, home or life - so the insurance companies keep raking in the cash.
well he's right in that insurance is a gamble, you gamble an accident will happen to you so you buy insurance to protect you when it happens and the company gambles that nothing will happen to you so that they don't have to return or give you extra money
ReplyUmmmm... everything you said is kinda wrong
Reply