How Does Life Insurance Work?
How Does Life Insurance Work?
Life insurance is essentially a contract between the insured and the insurance company that pays out if the policyholder, the insured, dies. The life insurance money generally goes to a family member or beneficiary.
But, how can this even be profitable for the insurance company? Everyone dies, after all. Well, this all has to do with how the…
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It was very instructive
Guardian Life Insurance – https://youtu.be/-3zAhzPABaI
As far as I know, you pay for 20 years for permanent life only, and it isn't as long as you are a life. Because the insurance company makes money by investing your premium from day one, and still you will be insured until you die.
40 leopold rd Felixstowe ip11 7 np flat 4/ Daniel Thurman. And his Chinese wife worked in life insurance and robbed a lot of her clients and gambled all the money / and transfers a lot of the cash to China / the money was never recovered / so be careful trust no one there people everywhere who shouldn’t of ever been employed ever
How did you figure out the insurance still makes a profit if they only paid 25% (24k) of policies during term, I must be doing some wrong math
Hi! I sell life insurance. Reach out for a free quote. Protect you and your family.
Great content
What's with the bell sound 😆
Life insurance should be called “Death Ensurance”. Because that’s what it does. It ensures your death, rather than, insuring your life. There are no guarantees with this mess. Except for one-death.
Why not just make payments to a investment account yourself instead of paying payments to an insurance company? Put that account in your will?
Carole brooks flat 1 robbed a lot of peoples life insurance when she worked for in this work she has it stashed for a rainy day the elderly she robbed perished from shock /
Thumbs up!
Knowing that my parents are clueless about managing their finances and are most likely to have nothing to live on later in life, I took out a life insurance policy on myself so that if I can’t be around to pay for what they need, they’ll at least have some money to fall back on. It’s super frustrating though, trying to explain why certain financial decisions are bad for your parents only for them to use that ‘bad things won’t happen to us’ or ‘it’s fate if things don’t work out’ excuses to avoid taking a good look at the situation…
Knowing that my parents are clueless about managing their finances and are most likely to have nothing to live on later in life, I took out a life insurance policy on myself so that if I can’t be around to pay for what they need, they’ll at least have some money to fall back on. It’s super frustrating though, trying to explain why certain financial decisions are bad for your parents only for them to use that ‘bad things won’t happen to us’ or ‘it’s fate if things don’t work out’ excuses to avoid taking a good look at the situation…
Hey theres some misinformation in this video. Most importantly, in the section on permanent life insurance, you say that the company will pay out only if the insured is still paying premiums. Thats not true. It is incredibly common for a permanent policy to have a 10-year or 20-year pay period or even to take a single, lump sum premium payment. Additionally, you say that insurance companies sneakily add clauses to their policy contracts to get out of paying death benefits. First of all, insurance is a heavily regulated industry and it is a licensing requirement that agents inform clients of every standard clause within the contract; secondly, any additional, non-standard amendments (like exclusions) must be signed by the client at the time of policy delivery. Thirdly, those exclusions are part of the actuarial maths that determine premium; nobody is paying for protection that they should have but don't.
thanks
https://youtube.com/shorts/Rdb5e25NHrc?si=VGUYE1KA2xpUF80W
https://youtu.be/YaNF5Ds9QEs
I have never put insurance on anyone I love because I feel like I'm jinxing them is it wrong to feel that way ??
Thanks you for sharing 😊
My ex physically poisoned me. I can handle that my life is in hands of fate but with my sums on table be is a chess game that willll never be a fair game
Everything is like everywhere else. God bless you
Is it legal to lie on underwriting in insurance. And is it legal to buy retirement accounts on April fool's day? I have alot of questions about documents and alteration of data and signatures. In regards to mortgages and insurance
How do people acquire so much property I really have done alot of thinking.
Is it legal to attain the client list and computers of insurance agents to commit insurance crimes?
Is it legal to take someone's life insurance and tell the owner it's cancelled? Is it ok to write insurance under another person's name or agent number? Is it legal to collect renewals under the rightful agents client list?
I need life incurens bc haram anime dont wach it if your halal my man
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nice
Knowing that my parents are clueless about managing their finances and are most likely to have nothing to live on later in life, I took out a life insurance policy on myself so that if I can’t be around to pay for what they need, they’ll at least have some money to fall back on. It’s super frustrating though, trying to explain why certain financial decisions are bad for your parents only for them to use that ‘bad things won’t happen to us’ or ‘it’s fate if things don’t work out’ excuses to avoid taking a good look at the situation…
Good
Fantastic
Great video
Life insurance can be life changing if you find best tips before buying it 😊
Good video
Ellen Taylor vampire stern family friends kids hunting everybody worldwide for gambling drinking drugging having fun stealing people body parts names DNA cloning killing everybody in the family to collect life insurance using their name. Wake up. People wake up if you think you're smart. Think twice. Do not make life insurance
What about cashing out life insurance afte 20 years how does it work
Term life for the win! It's a win-win for the insurance company and the policy holder. Whole life is sometimes good but Term is usually the way to go.
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