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.

He received a large sum in insurance benefit.

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

I chose to crash this party myself.

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.

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.

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

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

How much is the premium?

I mean you probably saw these headlines.

Put it at 0 if you don't.

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

Blame high fuel costs, blame insurance premiums, blame technology.

Told you I was on top of it.

They can no longer drop your coverage if you get sick.

The one way to think about it is to think about what's the total premiums they're getting over the life of this policy divided by how much they are insuring me for.

Now, we owed that guy a month's wages plus bonuses and we never saw him again.

Doctors have to carry liability insurance just in case they make a mistake and hurt their patients.

2 out of 10 live off pension.

I'm up to my insurance policies on this big deal I'm financing.

There's a gap here.

The insurance on his violin costs 200 a year.

Nobody was processing the credit cards.

Those who live their car to food to deserve a larger portion ... than those not at risk.

They can no longer jack up your premiums without reason.

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

This is the case where you have 100 Sals, 100 people who are pretty similar to me, 100 Sals.

The art of getting appointments when telemarketting.

I gave up on receiving the unpaid salary.

Yes, sir.

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.

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.

Van pelt. Hey,did you get the fax from the sheriff's department there?

People generally are comfortable with it, Democrats and Republicans.

And that's why they are called derivative instruments.

Insurance.

We found that there is no information about freight or insurance in your quote.

At any points we'll just keep paying this policy until you die and then your family will get the pay off will get the five. so upon death... the beneficiares are the people, who will benefit from you policy.

But maybe when you become seventy if you were seventy years old and you were asked for term life policy what you might not even be able to get one or if you if you were able to get one their will charge you huge premium.

Or, for most people, they work for an employer.

Insure it, please.

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

Here!

Up front.

You're keeping it.