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Quotes of the week

Quotes of the week

Posted Mar 5, 2013 18:26 UTC (Tue) by nybble41 (subscriber, #55106)
In reply to: Quotes of the week by ortalo
Parent article: Quotes of the week

> However, I do not fully agree. Insurances do not spend the money for prevention activities, they put it aside for indemnification of victims. (Their existence is for you to transfer the risk to them - not reduce it.)

What that is essentially true, insurance premiums are tied to the risk which is being insured, so it makes perfect sense for insurance agencies to offer discounts to clients which engage in prevention activities.


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Quotes of the week

Posted Mar 6, 2013 9:14 UTC (Wed) by ortalo (subscriber, #4654) [Link]

Exact. See below (same remark from another commenter).


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