Birdwatch Note Rating
2024-11-17 00:53:00 UTC - HELPFUL
Rated by Participant: 67476E420F2954D52B3F6CDDA4517882621C1F07F4688061E0F8317BCE8DA0FA
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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