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by basilgohar 2201 days ago
What you are outlining are the "extra steps" that the GP was alluding to. We call it "risks" but it turns out to be a kind of a gamble that the insurance company takes us up on, but with the house advantage.
1 comments

But then it is the insurance that is betting on you. Sort of like a Mr Beast video.

I would reserve gambling for something offered to some kind of a consumer/costumer market.