Maybe. While insurance companies are often themselves disliked, it is widely popular to purchase insurance for many things such as dwellings, health care, your bank account, driving and your car, disability, workers' comp, etc. These insurances decrease the EV of the purchaser, but they are thought to be wise to purchase, and perhaps are.
Maybe. While insurance companies are often themselves disliked, it is widely popular to purchase insurance for many things such as dwellings, health care, your bank account, driving and your car, disability, workers' comp, etc. These insurances decrease the EV of the purchaser, but they are thought to be wise to purchase, and perhaps are.
Insurance is often positive-sum.