The goal of insurance is to put you in the same financial position you were in before the loss.
The goal of gambling, is to come out ahead
In insurance you either suffer the loss or maintain the status quo, one can never earn profit in insurance
But in gambling there is a possibility of both loss as well as profit.
When gaming, you're just playing for fun. Gambling is when you bet something.
difference of motor and marine insurance
Difference between h03 and h05 home owners insurance?
the difference between a warranty and insurance, is a warranty is when you can return it to either get another or to just return it. insurance is when you have coverage over the object or living being.
Partidos are the actual sports games. Quinielas are like sports pools (as in gambling).
Nothing
the difference between a proposer and the insured is that a proposer is a person or an entity who is seeking insurance and an insuerd is someone or an entity covered by an insurance policy
your not covered for damages
The difference between indirect and direct quote life insurance is that the insurance level will differ. Direct is when someone dies, indirect involves other factors.
Homeowners insurance is often referred to as Hazard Insurance. They are the same thing.
The main difference between children's and adults health insurance is that children may be eligible for low- or no-cost insurance through Medicaid or the Children's Health Insurance Program.
No difference. It's the same thing