Birdwatch Note Rating
2024-11-13 04:22:10 UTC - HELPFUL
Rated by Participant: 4F9158A042ABA147F14342CF4823D4C5DA4C2865669BE8C32C4A81CD9BC4FB30
Participant Details
Original Note:
Insurance is not a bank. Insurance is a contract which provides financial protection (coverage) for beneficiaries in return for payment (premiums); it is a device to manage the financial risk of covered events like a car crash; coverage is what policyholders are paying for. https://en.wikipedia.org/wiki/Insurance
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