Insurance misunderstood in the extreme Muslim society

I have worked in the insurance field for over 20 years and I can vouch that insurance is good. It makes a person responsible to pay for their future eventuality of mishaps happening, over which we have no control. Just as saving is good for you for a rainy day, so is insurance.  You do not become a burden on society. It is not gambling, as most people think, because it is not a game of chance, where you may or may not have a windfall of money. The principle of insurance payouts is to indemnify one for their loss to make them whole, but not to give them a profit.  In fact, by having insurance, you are not only protecting yourself from suffering financially from a tragedy, but actually helping society.  If you are blessed by God not to have any misfortune, the money you pay into insurance, helps others who may have mishaps.  Insurance is based on a principle and a system that spreads risk amongst a certain group of people, to help the ones who need it. You do others, and yourself a favor by way of insuring your risks.  Like any other business, insurance companies do make a profit, but do not forget, they put together plans that eventually help the ones that really need it. This subject is very vast. It is important to have both knowledge of insurance as well as our religion to really discern whether it is bad or good. Insurance is good as it is a form of charity ....and not gambling, as most Islamists believe.