So I go to the insurance agent and the insurance agent says

look if you pay a premium if you pay a premium every year of five hundred dollars of the .... the word premium litterally just means the amount that you would pay every year

Do they have food to take with the prescription?

Nobody was processing the credit cards.

Insurance payment, it's on a monthly basis, right?

I just realized that I didn't answer a question that might be burning in your brain because in whole life we talk about the scenario

Being always a little bit more less financially savvy than the term life is that... this is going to this as long as you continue to pay this premium this is guarantee, cause you will die one day unless you know something the rest of us don't know.

After those ten years that you didn't die, nothing really happens you just keep on living

It's just a deposit kind of thing.

That's the name of the policy, and if you were to die.

So you probably would have been back definitely would have been better off and if this was your point if you wanted to save some and stil have life insurance for a fixed amount of time.

I mean, does it really matter?

Mrs. Monkford cashes in the life insurance, and she splits it with Janus Cars.

And we also talked about the scenario where any time before that you decide that I don't need life insurance anymore, you can stop paying your premium.

The mortgage payment, we calculated that before, using our mathematical knowledge of geometric series.

Where you can pay this premium your whole entire life and in the event and you can just all the way until the day you die, so that when you die your family will definitely get the pay off.

Because that's essentially what a credit default swap is, it's insurance on debt.

In the whole live

Insurance companies everywhere are facing hard times and have become even more tight fisted about payouts.

For years and years Natoma did everything right.

Insurance money... the company's agreed to pay.

Everything is risk free.

Which really makes you ask the question, if you know your cash payout is larger than the amount of that is going to be paid off when you die.

What if all of these corporations, for whatever reason, do start defaulting simultaneously?

Ever heard of singlepremium life? That could be the ticket for you.

And then year 10, I pay the 100,000 plus I pay back the 1 million.

And the payments?

That will now compound over the next month.

What's this, dear?

Patients might buy their own policy, go buy an insurance policy, pay them a premium directly, the insurance company collects that money.

It's overtime, over the terms party, that you will probably save more money and get more interest doing this

You're going to pay it over 30 years, or you could say that's 360 months.

And you say, this group of the CDOs, they'll get the first payments. or if any payments that go, immediately go to this very senior tranche, right?

Insurance.

Do you sell insurance?

Because some of them have paid, and some of them are still paying.

There are many kinds of insurance such as health insurance, fire insurance, life insurance, etc.

In the term life case once you become sixty or seventy and insurance companies charge you a lot higher of premium to insure you for this amount, because they think there is a high probability that they would have to pay it off.

Payment

Pay up

The lady from the billing office said they usually bill the insurance company directly, but since our HMO is not paying for it, we can pay up front with a credit card.

But the important thing to realize is that these payments

We were only getting paid for DeMarco.

He owned Mark after that dinner.

Please use an alternative method of payment.