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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (556580)3/23/2010 4:01:40 PM
From: TimF  Read Replies (1) of 1575616
 
The idea isn't to make a profit on each individual policy.

The idea also isn't to take on policies that you know beforehand are going to be money loosers.

The concept of insurance is to spread/insure against risk, not to pay for what isn't a risk. A known condition isn't an insurable risk, its something that already happened.
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