It might not literally be insurance but something like a Credit Default Swap - which are similar to insurance but with some important differences: https://en.w

It might not literally be insurance but something like a Credit Default Swap - which are similar to insurance but with some important differences: https://en.wikipedia.org/wiki/Credit_default_swap#Differences_from_insurance https://en.wikipedia.org/wiki/Credit_default_swap#Difference...