Concert show ticket pricing / refunds. WTAF?

[OneMadMan]

Hey guys and gurls..

I have been itching to see a decent live band that plays 80's & newer music and tripped over this a few minutes ago:
https://www.thehscc.com/live

Watched a Youtube video on the band and they are insane, meaning good.

Video here: https://www.youtube.com/watch?v=xecVC3TPt_Q

**I purposely have not provided a preview clickable YT option**

I decided to "lock it in Eddie" and was presented with a few options:
So I thought yeah, purchasing refund protection would be a good idea, as the tickets are worth a couple of hund deee.



Hmm, so far so good, then I read the fine print:


Really? That's why I am purchasing the refund insurance in the first place. Just in case the band cancels. But, as is clearly stated above, that's not the case. If they (the band) pull the pin, I lose my dosh.
What A RIP.

I will book the tickets, just not with the extra $15.14 "insurance".

What gives? Why would you buy the insurance?

One Man.