Definition: Overassurance, also known as overconfidence, is a concept in psychology and insurance where an individual or entity believes they are more likely to achieve their desired outcomes than others. This belief can lead to overestimating risks and taking unnecessary risks that could have been avoided. The term "overassuredness" refers to the excessive reliance on one's own knowledge, experience, or expertise without considering other factors or potential consequences. It is a common phenomenon in which individuals prioritize their own safety and well
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