Comment by msandford

I'm not sure I follow.

> Claiming it is, is tantamount to saying that if you don't need to go to hospital while on vacation, you have wasted money on travel insurance.

I see where you're going with the example. I don't think insurance is a good example though, because insurance is decidedly different, at least to my mind.

If you pay for insurance, you got insurance. You're not prepaying for medical treatment, you're paying a small fee to be made whole again if the trip goes sideways. If you paid for insurance and didn't need to use it, you still were insured and got the peace of mind that comes with knowing you either A) have a great time on your trip or B) don't pay for an entire trip that you don't get.

Paying for curtailment is directly paying for something that you directly don't get. No intermediaries, no risk model, no nothing.

If I'm failing to understand, well, OK then! Great! Please do inform me. You rightly stated that I called you misinformed without backing it up. If you're going to say that your original example is obviously correct, maybe try explaining it then?