Where is he? Come on, in my office. He works in the Maintenance Department as, you know, a floor sweeper and a sometime gardener.

Insurance.

Do you sell insurance?

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

The other type of policies is whole life and whole life is the motivation for whole life policies.

I sell insurance.

Insurance.

Ah, in that case

The insurance?

An insurance policy.

More than 80 percent of Ivory Coast's development went into the modern sector.

An African economy can be broken up into three sectors.

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

Early on the first year premium using of that kind of just goes to the insurance company

You wrote a market requirements document then engineering shut their doors, rolled up their sleeves, and went into waterfall engineering, which we'll describe a little later.

Put it at 0 if you don't.

Departmental

This is an actual model where we can be asked to optimize what happens.

let's see those zeros cancel out, this zero cancels out, they're getting, over the life of the policy, 1 dollar in premiums for every 100 dollars in insurance.

You pay the same.. I would call it very high premium your entire life and so earlier on in your life when you're thirty or forty or fifty.

It's your car. Your insurance should pay.

Called State Farm. Everything is taken care of.

An insurance swindle.

So one way to think is they get 1 dollar in premium for 100 dollars insurance or if they had 100 Sals they get 100 dollars in premium and the only way they would break even is if only one of those Sal's dies.

In fact for 30 40 years this was the canonical model for how to build startups and we'd say marketing, well, we understand.

All right, you cannot develop Africa by ignoring the informal and the traditional sectors.

Because if we're right, it could impact consumer education, food services, public health and even the insurance industry.

The name of the company?

Plan ever.

I chose to crash this party myself.

I stumbled onto a racket.

So let's say we have Insurer 1, let's say we have Insurer 2.

There is the modern sector, there is the informal sector and the traditional sector.

And you can check with the most critical authorities of all...

That's why I'm doing term life policy.

That was just insurance! I wasn't gonna use it.

The money of their insurance?

Well, if you don't follow the insurance company's procedures, they may never pay you back.

This is annual insurance, for things like hazard insurance, and flood insurance, earthquake insurance, or whatever insurance you need where you live.

You're guaranteed to get your 102 back, especially if it's

We have insurance.

Elective surgery. And the boob job that

I forget to tell you, I was state champion in skeet.

Fraud Department

Trixie. Section Research and Development.