Friday, November 8, 2013

Understanding Insurance

Insurable risk: 

1. Large number of similar exposure units:  
2. Definite loss:  
3. Accidental loss:  
4. Large loss:. 
5. Affordable premium:  
6. Calculable loss:  
7. Limited risk of catastrophically large losses: 

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Elections matter-openly cynical of government business as usual-Supreme Court Justices 5-4 open warfare on my Individual Liberty-Teach as Knowledge is Power!