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There's literally centuries of actuarial data that you can look at and say, "Well, we know if we insure this many people's life insurance," or you could look at any historical phenomena, even hurricanes and things like that.
Investment has risen dramatically, with VCs betting that, in the coming years, we'll see major shifts in both how we buy insurance and what types of items we insure with it.
And as we insure every young and healthy American, it will spread out risk for insurance companies, further reducing costs for everyone.
But we insure against it.
"We insure our houses, we insure our cars.
We insure our cars, our homes.
Similar(31)
After we paid off the mortgage in 2000 we insured with Direct Line, as we already had motor and breakdown insurance with them.
I say, "Imagine what a gallon of milk would cost if we insured groceries".
We insured him to travel back to the battlefields of Flanders.
Long before we went to war, we insured our own personal safety and started to raise armies of private guards.
We insured against that default.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com