Creates bad incentives. A moral hazard.
Cars crash. People cash in. Houses set ablaze. People collect payouts. Hospitals up charge. Premiums rise. Services get denied.
A safety net? It’s a hedge. A short sell.
Against yourself. Against life.
Life’s lived uninsured. In uncertainty.
Protect yourself. Save. Have a plan. Entrusting others… The real risk.
Insurance is a scam.