The first major failure of Blue Origin's new heavy-launch system could create delays to its ambition to help NASA and the Trump administration return to the moon.
That’s literally what insurance is. They bet bad thing doesn’t happen. If it does, they pay you. If it doesn’t, they keep their money plus what you paid them.
First you find someone willing to bet with you that your space thing won’t do things it isn’t supposed to do.
Why would anyone take that bet?
Because it’s profitable? I typed “space insurance” into google and it gave me webpages for companies who offer space insurance.
Why would you think that it wouldn’t be a thing?
I didn’t say it’s not a thing. I’m saying what would be the point of using it for fraud? You don’t make money from a failed launch.
That’s literally what insurance is. They bet bad thing doesn’t happen. If it does, they pay you. If it doesn’t, they keep their money plus what you paid them.