For every person who wins, there is a person on the other side of the contract that loses the same amount. (moneysmart.gov.au)
Insurance is a business like any other in that they want to ensure that the consumer or policy holder side of the contract was properly fulfilled before paying out the benefits. (secureseniorlifeinsurance.com)
Writer: This is the investor on the other side of the contract. (creditdonkey.com)