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The Product is . . . Comprehensenility
(lemmy.world)
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this post was submitted on 10 Sep 2024
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If you squint your eyes just enough, insurance is like gambling... You are betting that something is going to happen to you, the insurance company is betting against that. The insurance company can improve their chances by adding conditions to that something.
It's way worse than gambling. When you win a jackpot there are laws that require you to get paid out.
Insurance companies can just say no and fight you in court until you die because it's cheaper for them to pay some lawyers than for your treatment.