What is Nostr?
sdgathman /
npub1xq8…9xvs
2023-09-25 16:25:49
in reply to nevent1q…l6zp

sdgathman on Nostr: There is also an altruistic aspect to insurance. Your premiums are funding the ...

There is also an altruistic aspect to insurance. Your premiums are funding the defense of other victims. In a well run insurance company, premiums pretty much match expenses, and profits come from investing the reserves.
Author Public Key
npub1xq8vy2xssgmhn3ffmjrj0r02fwqyevjcau854ej5yyj7uq3zs20qrz9xvs