Birdwatch Note Rating
2024-11-12 20:43:02 UTC - HELPFUL
Rated by Participant: F62381BC55CDD1E1BB1F2E3C288A9A69ED04B4566B5CC8536534194D7003E5FE
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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