What is Insurance?
1.
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!
See
2.
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.
See
3.
Insurance is a big international industry employing thousands of people. It has a turnover of billions of dollars.
The
Insurance Industry started at Edward Lloyd'scoffee house inLondon in thelate 1680s. Edward Lloyd's was apopular meeting spot formaster mariners , merchants andship owners. All thenews about the departures of ships, their estimatedtime of arrival at theport to which they weresailing ,and the cargoes beingcarried was discussed overcoffee andsomething toeat . Lloyds rapidly became theplace whereships and their cargoes were insuredagainst loss atsea .Today Lloyds of London is still theleading marine andspecialist insurance market in theworld .
4.
a medication used to help ease the pain and frustration of .....that time.
Hey Aubrey, do u have any insurance with you?
