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.

I chose to crash this party myself.

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

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.

How much is the premium?

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.

Put it at 0 if you don't.

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

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

We have insurance.

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.

But is this really about work? or about tax revenues?

He's insured.

Does he have insurance?

The insurance on his violin costs 200 a year.

Nobody was processing the credit cards.

We've won a bunch of awards.

They can no longer jack up your premiums without reason.

People generally are comfortable with it, Democrats and Republicans.

That's the point. He collects 100 percent from the insurance.

I'd like to get medical insurance.

Whoever heard of anything happening to a bridge?

Insurance.

Told you I was on top of it.

Do you have medical insurance?

I have life insurance.

Do you have a private medical insurance policy?

Ah, what kind of insurance do you have, Mr. Haskell?

l mean it. You are not on my insurance.

They don't even give me dental.

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.

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.

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.

The house is insured against fire.

Do you have insurance? If you do, you could always use more.

I gots a feeling you ain't got any. Am I right or am I right or am I right?

He has some income in addition to his salary.

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.