Insurance is designed to protect us from major calamities. Insurance companies have moratoriums on increasing limits on an existing policy or issuing new property policies, if an impending hurricane is a couple of weeks (or less) away. The insurance component provides a buffer against disaster. It is more about the feeling that there is little value for money spent, until and when disaster strikes. Then, if insurance does exist, it is a comfort during a terribly stressful time for a family. Cybersecurity risks are at an all-time high. The depth of risk prevention required is at an unheard-of high.
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