In this episode, we ask:

• 
  
• Is life 100% chaotic?
  
• Are we totally at the whims of the universe?
  
• What happens anytime we make a plan?
  
• What about expectations and assumptions?
  
• What happens when time runs out?
  
• What about the booklet, The Box by Guy Baker?
  
• What are the four pricing factors?
  
• What about mortality cost?
  
• What about persistency?
  
• What about interest rates?
  
• What about expenses?
  
• What is life expectancy?
  
• What did Guy Baker discover?
  
• How much does it take?
  
• …Who could afford that?
  
• What is adverse selection?
  
• What happened in the early 1800s?
  
• What does an actuary do?
  
• Will it pay the mortality expenses?
  
• What are the various configurations of each “box”?
  
• What is life insurance dependent upon?
  
• Why are term premiums so low early on (in age)?
  
• Would you like to hear Episode 365?
  
• What will almost never pay a death benefit?
  
• Who has the highest persistency rate?
  
• What about interest credits?
  
• What is the math game?
  
• What if interest rates rise or drop?
  
• What is the job of your insurance agent?
  
• Why are indexed universal life policies (IUL policies) so sensitive to risk?
  
• How is whole life insurance different?
  
• How many people who own IUL policies are receiving letters for more premium?
  
• What’s the long game here?