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Saturday, February 28, 2015
One Heck Of A Racket
Long before the insurance policy people were born to live and die. During their pre-insurance life they were extremely responsible in order to save or protect themselves from financial loss. Most made it without any problems while some did not.
Fast forward to now and in almost all modern countries people are now required buy their government to buy insurance for just about everything we do or own. The cost of the insurance is very high obviously, for it is required. Most are able to afford it while some can not.
The protection racket called insurance motivates responsibility through threat of coverage loss. If one is not responsible, future insurance premium expense can be unaffordable and without coverage, your quality of life will be severely diminished.
Before insurance, most made it while some did not. With insurance, most will make it while others will not.
What a racket.
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