For those of us that have actually expanded up with the principle of guaranteeing crucial or costly points, the suggestion that it is a type of gambling is normally rather international. In fact, insurance coverage can be compared to gambling – however just in an extremely abstract feeling.
The Ned Flanders Method to Insurance Policy. In fact, the college of the idea that states that insurance coverage is a kind of gambling are much older than Ned Flanders (ultra-religious neighbor of The Simpsons). When Marge asks regarding insurance policy, Maude states that Ned really did not think in it – he considered it a kind of gambling. The reasoning behind this is that when you secure house insurance coverage, traveling insurance policy, etc, you are properly making a wager with the insurer that a details occasion will certainly not take place (the devastation of your home, dropping ill while you are overseas, etc). The insurer is betting that it will certainly not happen.