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> U of Illinois even has an insurance that if the number of international students declines too much...it would get compensated by the insurance company. Whoa.
by MegaButts 7y ago
> U of Illinois even has an insurance that if the number of international students declines too much...it would get compensated by the insurance company.
Whoa. I had no idea this was a thing.
https://www.insidehighered.com/news/2018/11/29/university-illinois-insures-itself-against-possible-drop-chinese-enrollments https://www.insidehighered.com/news/2018/11/29/university-il...
- ethbro 7y agoYou can generally get insurance on anything, if you're large enough and the risk is somewhat quantifiable. The issue with abnormal insurance policies is that the buyer may have more knowledge about the actual risk than the insurance seller. I believe this has burned Lloyd's of London a few times on their more esoteric policies.