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.

Put it at 0 if you don't.

I chose to crash this party myself.

How much is the premium?

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.

That's the name of the policy, and if you were to die.

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 I go to the insurance agent and the insurance agent says

look if you pay a premium if you pay a premium every year of five hundred dollars of the .... the word premium litterally just means the amount that you would pay every year

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.

We found that there is no information about freight or insurance in your quote.

Nobody was processing the credit cards.

Blame high fuel costs, blame insurance premiums, blame technology.

Told you I was on top of it.

The insurance on his violin costs 200 a year.

We've sent the paperwork to your insurance.

Doctors have to carry liability insurance just in case they make a mistake and hurt their patients.

They can no longer jack up your premiums without reason.

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 said you have James' insurance paper?

It's overtime, over the terms party, that you will probably save more money and get more interest doing this

So you probably would have been back definitely would have been better off and if this was your point if you wanted to save some and stil have life insurance for a fixed amount of time.

So the insurance company will figure out those probabilities and charge you slightly more a larger amount but regardless anyway you look like, anyway you look at it... at a term policy fade fix premium for fixed term.

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.

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

People generally are comfortable with it, Democrats and Republicans.

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.

Insurance.

That is health insurance for you and the kids.

Early on the first year premium using of that kind of just goes to the insurance company

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

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.

Or by foreigners working in this country.

If you multiply this by a 100 you would get 100 dollars in premiums.

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.

The insurance payments depend on the use intended (work or leisure).

He insured himself.

I had no savings, no insurance.

I wouldn't call it that. I'd call it an insurance policy.

I'd like to insure this, please.

Okay, you know, it should be covered.