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Related: About this forumWTF? Star Cinema Grill Sues -- "Pandemic Insurance Coverage" Does Not Cover COVID-19
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WTF? Star Cinema Grill Sues -- "Pandemic Insurance Coverage" Does Not Cover COVID-19 (Original Post)
TheBlackAdder
Apr 2020
OP
SheltieLover
(57,073 posts)1. K&R!
customerserviceguy
(25,183 posts)2. Generally speaking, insurance is a scam. n/t
The Magistrate
(95,255 posts)5. Insurance Companies, Sir, Can Be Likened With Profit To Bookies
You bet something will happen, they bet you it will not.
A bookie who tried to welsh on a losing bet as often as most insurance executives do would get his legs broken....
"To live outside the law you must be honest."
customerserviceguy
(25,183 posts)6. Well put.
And with life insurance, I always hate to make a bet that I have to die to win.
The Magistrate
(95,255 posts)7. Their Bet There Is Not That You Will Not Die, Sir
The bet is that the company will amass a sufficient sum from collecting and investing your premiums over the life of the policy that once your heirs are paid off, they will retain a tidy balance for themselves.
Hoyt
(54,770 posts)3. If policy says " SARS-CoV-2," I'll bet money they'll end up paying.
DarthDem
(5,257 posts)4. K&R
Interesting issue.