Insurance...a Scam!
Old February 8th, 2005, 01:36 PM   #1 (permalink)
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Insurance...a Scam!

Why is it that when we pay all that cash for insurance, we don't get any of it back? Doesn't that seem wrong?

why is it that we aren't allowed to have redundant insurance? Insurance is the only good/service where the quanity is limited by law.

And if the Law want's to require that everyone have insurance? Then why isn't there some federal insurance divisoin or somethin that assists or provides some kind of baseline minimal insurance for the 'needy'?

Seems insurance only benefits the Insurer, and to a much lesser degree, the insured.
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Old February 8th, 2005, 01:58 PM   #2 (permalink)
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Insurance is a scam to keep rich people rich and companies from paying what they owe.

Like how one has to pay more for living in a certain area or being a certain age or sex and now they check your credit for auto insurance.

Scam indeed
 
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Old February 8th, 2005, 06:23 PM   #3 (permalink)
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QUOTE: "Seems insurance only benefits the Insurer, and to a much lesser degree, the insured."

DBlack? That is pretty much how it works. Right along with the "red-lining" variables.
 
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