And it's insured, so it's a victimless crime.

It's FlDC insured, yo. It's a victimless crime.

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.

looking for 20 year term life insurance and they insured all of them.

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

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

There's a gap here.

We're with Upper Valley Insurance.

Insurance.

Do you sell insurance?

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

25 o of what the insurance company stand to lose, and that's over a quarter of a million.

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.

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.

So what they're really saying is that the only way they can break even is if the probability of Sal dying in the next 20 years is less than or equal to 1 100.

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

Put it at 0 if you don't.

So this victim... You knew him?

You know, payors could be private companies, private insurance companies, or they could be government payors, government insurance companies like Medicare.

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

Am I fully covered in case of an accident?

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.

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.

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

How does this work?

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.

When you look at how the federal government spends money, so this is the battle right here, 55 percent, more than half, is on Social Security,

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.

Good afternoon.

What would that do to the resources available to the education system?

The name of the company?

Plan ever.

I chose to crash this party myself.

I stumbled onto a racket.

Tell me, sheriff were either of these unfortunate women exsanguinated when you found them?

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.

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

You can still join, you just need your parent's signature.