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They typically make money from investing the money in between when it's received, and when they pay out claims - imagine a life insurer holding the cash between
by fiatmoney 11y ago
They typically make money from investing the money in between when it's received, and when they pay out claims - imagine a life insurer holding the cash between the start of the policy and the insured's death.
- ant6n 11y agoIf your insurance provider can make money without investing the premiums, then I'd say you're paying too much for premiums.