Insurance is defined as an arrangement, in which the insurer commits to indemnify the loss or damage caused to the insured due to natural calamity or any other event whose happening is not certain.

Insurance never comes into play until a loss in incurred. You don't pay out Insurance ahead of the event actually happens for which the Insurance is in place.

IOW an Insurance Policy would be after the election is won. Murder would be more of an Assurance policy.

Assurance refers to the agreement in which the insurer provides cover of an event, which will happen sooner or later, but whose occurrence is inevitable. In case you did not see it, I'm being a little "recovering asshole" pedantic here.

Insurance is defined as an arrangement, in which the insurer commits to indemnify the loss or damage caused to the insured due to natural calamity or any other event whose happening is not certain.

Insurance never comes into play until a loss in incurred. You don't pay out Insurance ahead of the event actually happens for which the Insurance is in place.

IOW an Insurance Policy would be after the election is won. Murder would be more of an Assurance policy.

Assurance refers to the agreement in which the insurer provides cover of an event, which will happen sooner or later, but whose occurrence is inevitable.

Insurance is defined as an arrangement, in which the insurer commits to indemnify the loss or damage caused to the insured due to natural calamity or any other event whose happening is not certain.

Insurance never comes into play until a loss in incurred. You don't pay out Insurance ahead of the event actually happens for which the Insurance is in place.

IOW an Insurance Policy would be after to election is won. Murder would be more of an Assurance policy.

Assurance refers to the agreement in which the insurer provides cover of an event, which will happen sooner or later, but whose occurrence is inevitable.

Insurance is defined as an arrangement, in which the insurer commits to indemnify the loss or damage caused to the insured due to natural calamity or any other event whose happening is not certain.

Insurance never comes into play until a loss in incurred. You don't pay out Insurance ahead of the event for which the Insurance is in place actually happens.

IOW an Insurance Policy would be after to election is won. Murder would be more of an Assurance policy.

Assurance refers to the agreement in which the insurer provides cover of an event, which will happen sooner or later, but whose occurrence is inevitable.

Insurance is defined as an arrangement, in which the insurer commits to indemnify the loss or damage caused to the insured due to natural calamity or any other event whose happening is not certain.

Insurance never comes into play until a loss in incurred. You don't pay out Insurance ahead of the event for which the Insurance is in place actually happens.

IOW an Insurance Policy would be after to election is won. Murder would be more of an Assurance policy.

Assurance refers to the agreement in which the insurer provides cover of an event, which will happen sooner or later, but is going to happen.

Insurance is defined as an arrangement, in which the insurer commits to indemnify the loss or damage caused to the insured due to natural calamity or any other event whose happening is not certain.

Insurance never comes into play until a loss in incurred. You don't pay out Insurance ahead of the event for which the Insurance is in place actually happens.