Quote by Ambrose Bierce

Insurance: An ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table.


Insurance: An ingenious modern game of chance in which the p

Summary

This quote suggests that insurance is like a modern game where individuals feel a sense of assurance and victory over the insurance company, similar to beating someone at a game, while paying premiums. It highlights the cleverness and illusion of control individuals experience by having insurance coverage, as it provides a comfortable conviction of protection against unforeseen risks. Ultimately, it portrays insurance as a mechanism that allows people to feel like winners in a game of chance against the "house" or the insurance provider.

By Ambrose Bierce
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