all insurance of all types are a scam. worse, they are tax subsidized. gambling is also a scam. gambling is a version of 'insurance' for the activity of 'enter

all insurance of all types are a scam. worse, they are tax subsidized. gambling is also a scam. gambling is a version of 'insurance' for the activity of 'entertainment' that is called 'gambling'. there is NO gain to be had for the gambler in the long run. similarly, the insured will lose MORE money in the long run paying for insurance as he would , statistically, in the short run. the idea that insurance would prevent you from sudden ruin in case of an accident is also a lie. plenty of insurance companies don't pay out entirely or resist paying enough to prevent ruin. by paying for insurance, society is guaranteed higher overhead in the long run , higher litigation costs, and higher moral hazard as well as the rise of scammers of insurance companies. all this activity is a total waste and only works because of the tax subsidy of the insruance industry scam. if working people simply didn't have to pay ANY tax on labor including the scam of payroll ss. and healthcare tax on labor than you would see how rich the working classes would become how quickly. insurance companies have stolen the right not to pay tax on a scam, which guarantees that their scam's attract even more investors. it's called the FIRE economy. READ ABOUT IT.