Insurances that exclude high-cost low probability events... that's funny. What a... | Hacker News

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		marcosdumay on March 3, 2020 \| parent \| context \| favorite \| on: Calls to Cancel SXSW Intensify as Facebook, Twitte... Insurances that exclude high-cost low probability events... that's funny. What are they for?

SilasX on March 3, 2020 [–]

They exclude unmodelable high-cost low-probability events.

The exist to cover modelable high-cost low-probability events.

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