Birdwatch Note Rating
2024-11-12 23:45:55 UTC - HELPFUL
Rated by Participant: B1CE681C50D2ABC45B7FE2F1032F595CF770FE4AF71849E6A6523C26D6BC54C8
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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