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Don't pretty much all launches have insurance? The rate of failure is high enough that it seems necessary unless you are a gambler.
by smackfu 14y ago
Don't pretty much all launches have insurance? The rate of failure is high enough that it seems necessary unless you are a gambler.
- InclinedPlane 14y agoCommercial payloads, yes, government payloads tend to "self-insure" or not insure at all.
- tobinfricke 14y agoMonetary compensation isn't everything, if you've already put years of effort into a project and the failure means additional years of effort are required to prepare for a new launch. The wikipedia article notes that replacement spacecraft were not launched until four years later.