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

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

You have to then get a new insurance policy if you don't get a new insurance policy

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.

Or, for most people, they work for an employer.

This is this new notation that I'm creating.

There's a gap here.

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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,

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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'm up to my insurance policies on this big deal I'm financing.

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 here we're defining the function.

We're with Upper Valley Insurance.

Insurance.

He received a large sum in insurance benefit.

So let's say they pay them 100 basis points.

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

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.

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

I'm talking health insurance, 401 and in a few years you'll have tenure.

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.

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

Those who live their car to food to deserve a larger portion ... than those not at risk.

Do you sell insurance?

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.

This is the case where you have 100 Sals, 100 people who are pretty similar to me, 100 Sals.

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

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

Woodhouse I really need a better health plan.

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

I sell insurance.

An insurance swindle.

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

Put it at 0 if you don't.

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.