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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
Stinky The Clown (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 08:52 PM Original message |
"What is the value added of an insurance company?" |
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Phoebe Loosinhouse (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 08:53 PM Response to Original message |
1. There is no value added, although there is COST added. nt |
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ColbertWatcher (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 08:57 PM Response to Original message |
2. The only thing they'll say will be they are jobs. n/t |
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BlooInBloo (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:00 PM Response to Original message |
3. Should we be against the FDIC, as well? |
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Just Saying (133 posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:08 PM Response to Reply #3 |
7. Uh...The FDIC is a government program, right? |
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BlooInBloo (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:11 PM Response to Reply #7 |
9. A government-owned insurance company, yes. |
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Just Saying (133 posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:17 PM Response to Reply #9 |
10. Well, I think it's a different thing. |
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BlooInBloo (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:21 PM Response to Reply #10 |
11. Ah. |
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JBoy (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:04 PM Response to Original message |
4. Theoretically, the purpose of an insurance company is to enable sharing of risks. |
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babylonsister (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:04 PM Response to Original message |
5. Prevailing 'wisdom', proving to be not so wise. nt |
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RandomThoughts (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:07 PM Response to Original message |
6. An insurance company is a middle man for an old concept |
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grantcart (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:10 PM Response to Original message |
8. discussed at length in this great thread by unblock |
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donco6 (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:24 PM Response to Original message |
12. The ONLY thing an INS co adds is access to huge reserves |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Tue Jun-23-09 09:27 PM Response to Original message |
13. Insurance is a racket out to make money, insuring risk is secondary. |
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DU AdBot (1000+ posts) | Thu Apr 25th 2024, 10:59 PM Response to Original message |
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