0.0Are we talking about health insurance here or real insurance? Either way all I say is as long as it is voluntary, whatever. Forcing people to buy insurance is a racket.
Your estimate of frequency is way too high and of expense way too low, though. 1 in 10 customers might have some sort of auto accident, but you're looking at thousands, minimum, per incident. But the 1 in 10 part is why auto insurance is a scam and they have to force people to buy it. Any sane person would save for an event that is extremely likely to happen once in your life.
0.0Are we talking about health insurance here or real insurance? Either way all I say is as long as it is voluntary, whatever. Forcing people to buy insurance is a racket.
Your estimate of frequency is way too high and of expense way too low, though. 1 in 10 customers might have some sort of auto accident, but you're looking at thousands, minimum, per incident. But the 1 in 10 part is why auto insurance is a scam and they have to force people to buy it. Any sane person would save for an event that is extremely likely to happen once in your life.