From years, people have been looking for ways and avenues to transfer and mitigate the risk associated to some uncertain times of life, which seems to be unavoidable. Knowing that natural calamities will always happen in not enough, working on a strategy to minimize the effect of it is the wise mans call. In olden days people use to hide money in pots or in pillows for rainy days and then came the idea of pooling. We all been using pooling in one form of the other and one big example of such activity is playing lotto, where people pool and once lucky winner takes the deal. The probability or chances of these can be in millions, but we till love to take chances and luck always favours those, who take chances.