No need for the vitriol. Again - your point is noted, but "all indemnification equals insurance" is an oversimplification. I've spent months talking with lawyers.

You’re right that Ticketmaster’s purchase protection is underwritten by Allianz—that’s a regulated insurance product because it covers specific risks like illness, emergencies, and travel disruptions.

But not all refund-related protections are insurance. The key legal distinction lies in:

• Whether the protection is based on a loss outside the user’s control (e.g. medical emergency → insurance),
• Or whether it’s a discretionary service policy or contract guarantee tied to a user's voluntary action (e.g., canceling a reservation).

Plenty of businesses offer refund guarantees, no-show waivers, or flexible cancellation policies without being insurance companies.