In the world of blackjack, insurance is an important part of the game. Insurers provide a safety net for casinos and their players, in the event that something bad happens.
Insurance covers losses that players may experience, such as a loss of money to another player, or even a fire that destroys casino property.
Insurance is also a valuable tool for casinos. Casinos can use insurance to protect themselves from lAWSuits, and to cover any financial losses that may occur as a result of bad luck.
Insurance can also protect casinos from government intervention, for example if someone were to win an excessive amount of money through cheating.
What this all means is that insurance is an essential part of the blackjack game, and it can help to protect both players and casinos alike.