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.

The art of getting appointments when telemarketting.

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.

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.

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

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

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

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.

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

They can no longer drop your coverage if you get sick.

In one version of live insurance is ... the other one is less simple

Will get 500 000 so you might be say where this is a complete rip off.

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.

One is term life insurance and the other is whole life insurance....whole

We've sent the paperwork to your insurance.

Insurance.

He received a large sum in insurance benefit.

Does he have insurance?

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

This is this new notation that I'm creating.

Adele didn't want to spend the money of the insurance so he she rented a room.

Put it at 0 if you don't.

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

Insurance.

Ah, in that case

The insurance?

An insurance policy.

How well, covered by insurance.

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

Can I use my medical insurance?

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

I'd like to get medical insurance.

I was a health committee member.

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

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.

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.

Do you sell insurance?

In the event that I die... I think about getting a life insurance

2 out of 10 live off pension.

I mean you probably saw these headlines.

What he she tells me of the money of the insurance?

Let's call it insurance.

But maybe when you become seventy if you were seventy years old and you were asked for term life policy what you might not even be able to get one or if you if you were able to get one their will charge you huge premium.

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

Woodhouse I really need a better health plan.