It sounds funny, until you study it carefully – and realize that every word is true!
- In order to insure the uninsured, we first have to uninsure the insured.
- Next, we require the newly uninsured to be reinsured.
- To reinsure the newly uninsured, they are required to pay extra charges to be reinsured.
- The extra charges are required so that the original insured, who became uninsured, and then became reinsured, can pay enough extra so that the original uninsured can be insured, so it will be ‘free-of-charge’ to them.