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

Insurance.

As it turns out, the insurance came through after all. So...

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

Insurance.

Ah, in that case

The insurance?

An insurance policy.

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

Do you sell insurance?

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.

Because before you die you can cash it out, if you die, you definitely get the payoff, but what happens to the cash amount.

And then, on the other hand now, someone has to pay for this. Someone has to pay for this.

I sell insurance.

An insurance swindle.

Put it at 0 if you don't.

I'm insured against kidnapping for up to ten million.

I chose to crash this party myself.

I stumbled onto a racket.

Each state will take the lead in designing their own menu of options.

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.

Am I fully covered in case of an accident?

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

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.

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.

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

It's your car. Your insurance should pay.

We have insurance.

Elective surgery. And the boob job that

Good afternoon.

That would be from the population, or maybe from the patients, to the insurance companies, that provides the money for the insurance companies to use to pay for the providers.

In case the shipment is delayed, we have special delay insurance.

So because of all of these things that I want to make sure. Get paid off or get funded

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

The name of the company?

What he she tells me of the money of the insurance?

That I have ensured.

How well, covered by insurance.

Let's call it insurance.

I don't mean the health plan...unless it covers

Woodhouse I really need a better health plan.

Plan ever.

I would bet many more of you insure your iPhone you're implicitly buying insurance by having an extended warranty.

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

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