Replying to Account deleted

Agreed. Pooling value for common needs or emergencies is a good idea, but who manages the pool is the problem.
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vinney...axkl 11mo ago

You're describing something more like mutual aid or crowdfunding (see CrowdHealth) - different models than insurance based on risk assessment and actuary analysis

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Account deleted 11mo ago

Insurances offer a way of pooling money for future needs. How that money is accumulated managed and redistributed (for profit) is what you are referring to I guess.

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vinney...axkl 11mo ago

Perhaps