"You Don’t Have to Show Any ID to Fly"

[shikamaru]

There has to be some consideration for a contract to be valid? And so a cause for the piper to get paid?

Is not the consideration the premium paid by policyholder to the insurer?

Further thoughts that occurred to me:

1) Insurance is a form of hedge (risk management, risk management strategy).
2) Risk management is of the actuarial sciences.