@mochivia.app: how money actually moves, in six panels. the diamond one will annoy you. #topicstoresearch #LearnOnTikTok #economics #dangerouslyeducated

Will 🧡 :

The rules for insurance companies covering a claim is best described by the acronym CAN HAM C- calculable : the loss cannot be “priceless”. You have to have a number A - affordable. No one has 80 trillion dollars on hand for nuclear reconstruction N - non catastrophic. See nuclear bomb above. H- Homogenous. Insurance needs to know how enough of the same loss plays out to cover it. A- accidental. They won’t cover you driving your car into the river on purpose. M- measurable. Payment needs to be tangible like the loss CAN HAM 😁😁😁