Insurance Purpose Debate
The cluster centers on discussions explaining the fundamental role of insurance in covering unlikely but catastrophic financial risks, with many commenters responding to perceived misunderstandings by stating 'that's what insurance is for.'
📉 Falling 0.5x Finance & Crypto
4,975
Comments
20
Years Active
5
Top Authors
#6562
Topic ID
Activity Over Time
2007 8
2008 15
2009 50
2010 88
2011 104
2012 148
2013 223
2014 205
2015 181
2016 261
2017 333
2018 341
2019 379
2020 421
2021 462
2022 430
2023 422
2024 513
2025 380
2026 11
Top Contributors
Keywords
PMI MacBook USD i.e insurance insure insurer value mitigation accountability 500 29 hedge cost
Sample Comments
Heh, the real reason to have insurance.
Explain what "insurance" has to do with it?
isn't that exactly what insurance is for?
Isn't this what insurance is for?
Isn't this what insurance is for?
The premise seems false. The insurance is against the cost, as is usual.
That's the point of insurance.
Isn't that what insurance is for?
Insurance isn't magic pixie dust, it just moved the cost around.
You just described the whole concept of insurance.