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

Insurance.

Do you sell insurance?

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.

I sell insurance.

Insurance.

Ah, in that case

The insurance?

An insurance policy.

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've just lost my job.

The valuables are in the safekeeping of the bank.

Put it at 0 if you don't.

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

Even if you think that this company's going to make 0.35 forever, the other reason why you might prefer to have a bank account over Widgets Inc. is because you're guaranteed to get 102 back for your bank account at the end of the year if you wanted.

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.

And what I ended up doing was going out to the insurance industry and buying a hole in one insurance policy.

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.

Apparently we have no insurance position because of the sabotage thing.

An insurance swindle.

However, in a pure quantitative easing regime, the focus of quality is the quantity of bank reserves, which are liabilities of the central bank the composition of loans and securities on the asset side of the central bank's balance sheet is incidential.

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 about renting a deposit box at the bank?

The name of the company?

Plan ever.

I will talk about term because frankly term life insurance is simpler.

I chose to crash this party myself.

I stumbled onto a racket.

From the millionpound security system at the bank to the PIN machine you took exception to.

This isn't always the case, different banks have different exposures to CDOs.

Maybe Bank A, the depositors haven't asked for the money, or for whatever reason, maybe Bank A is sitting on a lot of cash

I'm a holder of ABC Travel Insurance.

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

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

That was just insurance! I wasn't gonna use it.

The money of their insurance?

Well, if you don't follow the insurance company's procedures, they may never pay you back.

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

We have insurance.

Elective surgery. And the boob job that

I'm in banking. In banking? How'd you get into that?

Well, let's see about the insurance, we can either have it transferred or cancelled.

What's the name of your insurance company?