• @roofuskit@lemmy.world
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    010 months ago

    Insurance is by definition not gambling. It is only indemnity. The reality is that without insurance you are gambling that you’ll get to keep the money you didn’t spend on insurance and not be financially ruined.

    • SatansMaggotyCumFart
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      010 months ago

      Insurance is gambling because I’m betting that if I get cancer I get a payout larger than the amount I wagered by buying insurance.

      • gregorum
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        110 months ago

        That’s not how health insurance works. You would never get more than your medical costs and would almost always get less.