Birdwatch Note Rating
2024-11-12 23:13:35 UTC - HELPFUL
Rated by Participant: 73866A1776FD691962C1D22E53244497F173F43CD1F32BF593FE5F5FFD77C1DE
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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