In a Copiosis economy, there is no insurance at all, of any kind, for anybody. This is because money cannot be transferred from one account to another.
Insurance is available to provide protection against all sorts of unpleasant contingencies. If one has property one can obtain insurance against its being damaged, destroyed, or stolen. One can get insurance to defray the costs of illness or even death. The forms of insurance that are available are many and varied, and much of modern … Continue reading Insurance is a relic. Make it unnecessary!