Friday, November 16, 2007

Are you a heavy P2P-downloader? Maybe you should be insured!

Apparently, a company in Sweden is offering file-sharing insurance. But what's "file-sharing insurance", anyway? It's simple, you pay around $19(13€)/year and the insurance company will pay your fine in case you get sued by a copyright-holder company or representative such as the RIAA in the USA.

This might actually be a good business for both sides, since the probability of being sued by RIAA is 1 in 1840. So, the insurance company may end up with a lot of money but you pay only a small yearly amount and you have a "jail free" card, just in case...

Source: boingboing

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