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Results tagged with insurance
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user 6192
The promise that something will be paid in case of loss. Used to cover important items and reduce personal risk. This tag covers how to get it, how to keep it, what kind, and why you should have it.
3
votes
Why buy insurance?
The fundamental flaw here is conflating net worth with utility, at least failing to recognize that there's a nonlinear relationship between the two.
In the extreme example imagine taking a bet that …
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