Journey Insurance Quotes

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The threat presented by any given individual is assumed collectively by the group who all bear the worth of rebuilding misplaced property and supporting people whose needs are suddenly larger after a loss of some kind. In supportive communities the place others could be trusted to follow neighborhood leaders, this tacit form of insurance can work. In this way the group can even out the acute differences in insurability that exist amongst its members. Some further justification can be provided by invoking the moral hazard of express insurance contracts.

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