2 Sentences With "takes out insurance"

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For the smaller lotteries it pays the winners with ticket money, but for the larger jackpots the company takes out insurance against the bets to pay the winner. from Mashable
Gosdin's rendition was a number 10 country hit that year. "Spaghetti Western Swing" is a narrative skit featuring Redd Volkaert. The final track is a hidden track called "Kung Pao", another skit featuring Bill Anderson, George Jones and "Little" Jimmy Dickens. "The Cigar Song" is based on an urban legend about a man who purchases expensive cigars and takes out insurance on them, then smokes them and asks for the insurance money after claiming that they were lost in a "series of small fires".