A form of gambling.
A way to get free money.
1) I might get an accident and get insurance money!
2) I'm going to cause an accident and get insurance money!
A business that involves selling people promises to pay later that are never fulfilled.
Gomer paid flood insurance premium for years, but then the insurer decided to go out of business when the flood came because management had spent all the premium on hookers and private jets.
The thing your wife and two kids wish you bought before you stepped in front of that commuter train while listening to metal music on your headphones.
Insurance is a big international industry employing thousands of people. It has a turnover of billions of dollars. more...
The act of preemptively cheating on your significant other *just in case* they cheat/are cheating on you. That way if they ever cheat, you have an ace in the hole.
Very similar to the well documented Prisoner's Dilemma.
Guy 1: You hooked up with Emily? Thought you had a girlfriend
Guy 2: It was just insurance, nothing serious
Guy 1: You don't trust your girl?
Guy 2: She went on Spring Break with a bunch of dudes, WTF am I supposed to think?
Guy 1: Yeah I feel you
a medication used to help ease the pain and frustration of .....that time.
Hey Aubrey, do u have any insurance with you?