Generally insurance is one of the biggest scams. They happily take your money for *years* with the promise of help in the future. when something terrible happens, they find any excuse they can to no p...
Spot on. And in certain industries they're allowed to create products that are impossibly hard to use or cash out. One of my first jobs out of college was for one of the bigger senior insurance conglomerates and there was an office in Florida that created some niche product that was basically a black hole.