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

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

There's a gap here.

It's just that I don't have the greatest insurance.

Hank, this isn't about insurance.

So I want you to think back a few months ago.

We're with Upper Valley Insurance.

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

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,

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.

Kids crash cars all the time. That's why people get insurance.

The defendant and the victim didn't.

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.

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 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.

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

Put it at 0 if you don't.

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

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.

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.

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

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 I say we, I'm at the Council on Foreign Relations.

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

It's dangerous for a beginner to swim here.

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?

In fact, that's exactly what they're promising us.

Hardworking people out there sometimes two jobs, three jobs still don't have health insurance.

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

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