notapantsday
@notapantsday@feddit.de
- Comment on Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time? 11 months ago:
No argument here. I recently talked to someone who works for an insurance company and he said it feels like working for the mafia.
- Comment on Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time? 11 months ago:
You’re generally correct. Insurances are a bad investment from a purely financial standpoint. Never get an insurance to save money or to avoid cost. Don’t get insurance for things that you can easily pay for from your savings or for things you can do without. For example, don’t get insurance for your flagship smartphone. Even if you can’t afford the same model again if it breaks, you can always get an entry-level or used phone for a fraction of the price which will do fine for daily tasks until you have saved up enough money.
But there are cases where losing money is just part of the problem. For example, health insurance can literally save your life by paying for a treatment you otherwise couldn’t afford. Or personal liability insurance - if you cause more damage than you can afford to pay for, you can lose your house and pretty much the kind of life you may have lived up to that point. On the other hand, if you’re already broke, living in a shitty apartment and hardly own anything of value, then there’s no point getting that insurance.
- Comment on Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time? 11 months ago:
Exactly, as soon as the money goes from your bank account to theirs, they can do whatever the fuck they want with it. Not saying that’s a good thing, but that’s how the system is currently designed.
- Comment on So uhh.. how often should I be washing me towels? 11 months ago:
What does ‘strip’ mean in this context? (not a native speaker)