(Again, I picked the wrong career. I could sit back and collect money on people’s fears and notions, rather than busting my ____ to actually contribute to earn a paycheck….dang!)
This is what all insurance is about. But to start in that career you must have enough money it can work for you, instead of you working for money. It is just a way to socialize cost when bad things happen.
Crowe wrote:
Fact is winners do not keep the casino lights on. You want to bet your trip gets messed up, want them to bet it don't. If the companies did not expect to win they would not offer the policy.
Your point? We all have RV insurance. Yes, they pay out but if the did not expect to win they also would not offer the policy. I went to a very nice seaside inn in July. I never get insurance for just a hotel but made the exception due to their very strict cancellation policy. The policy was a fraction of what it would have cost if I had to cancel last minute. Well worth it in my book.
It would be nice of more of you answered the OP's question rather than criticize him.
My point is all insurance is
suckers bet if you look at it as a chance to win more than loose. Now I buy insurance for a lot of things. I also buy lottery tickets, have been know to lay money down where the dominions are galloping across the table. I can know it's a suckers bet, and still take it, but many are offended if asked to look at it clearly