Birdwatch Note Rating
2024-11-13 07:55:15 UTC - HELPFUL
Rated by Participant: F78BD13C95497D7533A6A6F6D3B8D8A7BEAE5D9574529BA5589F79E92E47A674
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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