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Wait... what!? How can that possibly be legal?

• Zak 4y ago
  It's legal to buy insurance covering civil liability for almost anything other than criminal acts. The price and availability of such insurance tends to vary in proportion to the risk, and policies often have specific exclusions to discourage risky behaviors. Directors and officers insurance is very common. https://en.wikipedia.org/wiki/Directors_and_officers_liability_insurance https://en.wikipedia.org/wiki/Directors_and_officers_liabili...
  • jiggawatts 4y ago
    Claim: “We deserve this compensation because we take the big risks.” Reality: “Our insurance takes care of practically all personal risk.”