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why that was nice
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<blockquote data-quote="Flipx99" data-source="post: 3385613" data-attributes="member: 562352"><p>The purpose of insurance is to mitigate risk. The purchase of insurance allows a person to participate in a risky activity (skydiving, roller coaster, tec) and limit potential losses.</p><p></p><p>If a person buys insurance but encounters no risk, then it is a losing proposition. Like you said, you did something to hurt your back. What if a person did nothing? What if they lived in a bubble?</p><p></p><p>My point was that the purchase of insurance grants one the freedom to freely participate in those risks.</p><p></p><p>The same reason goes for life insurance. I cannot think of a single reason why an unmarried person would want life insurance....unless they wanted some particular funeral or something. Otherwise, it is a pointless excercise.</p></blockquote><p></p>
[QUOTE="Flipx99, post: 3385613, member: 562352"] The purpose of insurance is to mitigate risk. The purchase of insurance allows a person to participate in a risky activity (skydiving, roller coaster, tec) and limit potential losses. If a person buys insurance but encounters no risk, then it is a losing proposition. Like you said, you did something to hurt your back. What if a person did nothing? What if they lived in a bubble? My point was that the purchase of insurance grants one the freedom to freely participate in those risks. The same reason goes for life insurance. I cannot think of a single reason why an unmarried person would want life insurance....unless they wanted some particular funeral or something. Otherwise, it is a pointless excercise. [/QUOTE]
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