Insurance is an optional side bet that protects the player in case the dealer has a Blackjack (Ace + 10-value card).
How it works:
Condition: This option is only offered when the dealer's face-up card is an Ace.
Cost: The insurance bet amount is equal to 50% of your initial bet.
Possible Outcomes:
Dealer has Blackjack: You lose your original bet, but the Insurance pays 2 to 1, meaning you break even for that round.
Dealer does NOT have Blackjack: You lose the Insurance bet, and the round continues as normal with your initial bet.