Yale University Financial Markets Course by Dr. Robert Shiller 5 of 23

A big part of becoming debt free for life is having the right insurance for your family.  This lecture delves into the subject of insurance and how the insurance markets work.

This is a fundamental discussion of how insurance companies allow society to deal with risk.  This is done by pooling lots of money so that those unexpectedly are affected by tragedy are covered.  Problems of moral hazard and adverse selection are discusses.

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