So what steps have they taken to ensure that their offer of insurance meets the same standards as other insurance? Are they telling potential insureds that they are being given a bigger computational burden in ascertaining e.g. counter-party risk than is allowed to consumers in even the most trivial kinds of insurance?
Whether you think this insurance should be regulated or not seems a side-issue to whether you think it is immoral to offer it or not. Why needlessly complicate the issue? If it was regulated would you then think it was moral?
So what steps have they taken to ensure that their offer of insurance meets the same standards as other insurance? Are they telling potential insureds that they are being given a bigger computational burden in ascertaining e.g. counter-party risk than is allowed to consumers in even the most trivial kinds of insurance?
http://eternal-earthbound-pets.com/Home_Page.html You’d be better off seeing what they say to their potential customers than having me paraphrase it.
Whether you think this insurance should be regulated or not seems a side-issue to whether you think it is immoral to offer it or not. Why needlessly complicate the issue? If it was regulated would you then think it was moral?