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"Because everybody has some health insurance cost and if you aren't insured there aren't free lunches".
The tragedy of the Haitian earthquake of 2010 was that so few buildings were insured there.
Moreover, he said, because money funds are actively managed and not insured, "there is credit risk".
Moreover, since deposits are not insured, there are no provisions for public bail-outs.
Bank deposits were not insured, there were no agricultural price supports, no federal unemployment compensation, no pension system, no federal relief program.
If deposits are insured, there is little incentive for a bank's customer to assess its creditworthiness and every incentive to take the highest rate on offer.
Similar(44)
As long as private insurers are allowed to pick whom they insure, there can be no universal health care system.
The United States "needs a Pakistani government that will insure there's no terrorism from Pakistani soil.
And we'd gone through hours of drills to insure there'd be no malfunctions.
Also my children bathe at odd hours of the day and night, insuring there is never any spare hot water.
We urge you to insure there is an immediate and thorough investigation into his kidnapping and imprisonment and that all of those found responsible are brought to justice".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com