Insurance schemes benefit fewer than many. An earned benefit is not without a loss so the net benefit is less than the earned benefit. All parties to the scheme suffer losses, whether its an indemnified loss or cost-of-risk loss.
Insurance schemes benefit fewer than many. An earned benefit is not without a loss so the net benefit is less than the earned benefit. All parties to the scheme suffer losses, whether its an indemnified loss or cost-of-risk loss.