Since profit isn't assured via any given insurance premium policy presented to customers. And also, the percentage of gaining from the insurance policy you entered into is poised at 50/50. You taje 50% and 50% goes to the company you're buying insurance from.
That has made me come to think that insurance has become another modernised gamble for one's finance. When it comes to business, the entrepreneur success lies on his or her hand. Based on experience, passion, and hard work of the business owner. That's why business isn't seen as gamble cos the possibility of making it depends solely on the one operating it.
But that's not the case of insurance. You'll need to wait let unforeseen dreaded circumstance occur in your favour before you gain. For me I'll simply say, its a gamble for my funds. Any one who isn't prepared for it, shouldn't risk his or her funds.
Do you see it as a gamble for your hard earned funds?