There used to be a thing called ‘mutual insurance’ as in ‘Mutual of Omaha’. (They did a nature show called Wild Kingdom back in the before-time)
It’s basically an insurance run like a co-op, not as an arm of some other money-laundering corporate giant.
Some mutual insurances would balance their books periodically and refund a portion of premiums if the claims paid was less than what premiums brought in.
dan1101@lemmy.world 2 weeks ago
Some sort of risk management and investment pool that you could draw from when legimately needed. Establishing the legitimacy is one of the hard parts.