Posted by Edd in KY on September 07, 2013 at 06:45:22 from (173.190.22.57):
In Reply to: Grand Theft posted by LAA on September 07, 2013 at 06:01:45:
I have had fire insurance on my house for 40 years, and it has never burned down. But somebody elses house did burned down, and the insurance company used the money from the premiums to pay for the one big loss. That is the concept of insurance....shared loss. I lost my premiums...but not my house. Fair enough.
I don't expect them to refund all my premiums.
Such notable patriots as Benjamin Franklin founded the American insurance industry so it most be OK under the capitalist system.
Did your friends aged mother and sister get social security benefits?
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