12-04-2015, 09:36 PM
(12-04-2015, 09:25 PM)GMDino Wrote: I think its a scam in the sense that you pay for something you hope you never need to use. When you DO use it they don't cover everything no matter how long you paid in to it. And then they charge you more for the pleasure of having used something you paid for in case you needed to use it.
That's all....
You get what you pay for - that's pretty much the opposite of being scammed. EVERY type of insurance is irrational to purchase in terms of expected value. There's a whole range of options available (or there were, prior to Obamacare) according to your risk preferences.
