What is the rule of law? How does the rule of law apply in your daily life?

The rule of law, therefore, makes sure governments and people act in accordance with the laws. Governments that operate under the rule of law are different than, for example, the absolute monarchies that ruled over medieval Europe, where the king or queen were not always subject to the laws of the land.

Explanation:

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both focus ón people who behave in a risky way and çause accídeñ both explaín how to púrchase insurance añd cover the costs of premium. both describe what happened when consumers fail to pay their premíums in time