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.

His blood type is B.

The policy number of my insurance is PC two three five seven.

Let me see your health insurance certificate.

Or by foreigners working in this country.

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.

Insurance.

Ah, in that case

The insurance?

Do you sell insurance?

I forgot to bring my health insurance card.

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

I sell insurance.

Put it at 0 if you don't.

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

Certification

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.

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 chose to crash this party myself.

I stumbled onto a racket.

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

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.

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

It's your car. Your insurance should pay.

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.

I guarantee it.

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?

So they are getting 500 dollars times 20 years is equal to 10 000 dollars over the life of this policy.

Guarantee? What guarantee?

How much is the premium?

Insure it, please.

So there's two types of life insurance

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

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

We've no insurance.

He's insured.

And in the future, we're gonna look at a lot of different companies, financial companies, insurance companies, natural gas pipeline companies, that will have very different looking income statements, but this gives you the general template for how things work.

Save certificate

Certificate protection

The company provides health and life insurance benefits for all of its employees.

One is term life insurance and the other is whole life insurance....whole