How Does Insurance Work?

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  • เผยแพร่เมื่อ 20 ก.ค. 2024
  • Insurance, it’s the annoying necessity that we all pay for to make sure we don’t end up in massive amounts of debt if our house burns down, if we crash our car, or if something tragic happens.
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    Insurance helps us maintain peace of mind, knowing that even if something bad does happen, someone else is going to pay for what it costs to fix it. Though, to an untrained eye, this can be a little perplexing. I mean, if you pay $200 a month for home insurance and after only 6 months your home burns down, the insurance company will buy you a new home, likely in the manner of hundreds of thousands of dollars. But, you would’ve only given them $1200. Why would they do that? That’s the power of insurance, baby.
    All images and videos courtesy of the creative commons or used in accordance with fair use laws. For questions or concerns, please use the contact section on our channel.
    Music:
    CGI Snake by Chris Zabriskie is licensed under a Creative Commons Attribution license (creativecommons.org/licenses/...)
    Source: chriszabriskie.com/divider/
    Artist: chriszabriskie.com/

ความคิดเห็น • 285

  • @hitzzey
    @hitzzey ปีที่แล้ว +89

    bullying and academic pressures destroyed my learning experience in school - thanks for making simple videos like this, helps people in situations like mine catch up on the stuff a lot easier and takes the pressure off learning :)

    • @winzyl9546
      @winzyl9546 ปีที่แล้ว +4

      You shouldve stood up for yourself.

    • @IlAlexaIl
      @IlAlexaIl ปีที่แล้ว +23

      @@winzyl9546 more easy said than done for some individuals

    • @kaletovhangar
      @kaletovhangar 4 หลายเดือนก่อน

      Should have... Could have... Not that easy when on the receiving end. ​@@winzyl9546

  • @ChristopherAbelman
    @ChristopherAbelman หลายเดือนก่อน +226

    As I approach retirement, ensuring the stability of my 401k after the turbulent year of 2022 is a top priority. I've come across stories of investors achieving up to $270k in ROI during this current declining market. Any advice on enhancing my ROI before retirement would be highly valued.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch หลายเดือนก่อน +3

      Many people underestimate the importance of advisors until their emotions lead to financial setbacks. I recall a couple of summers ago, during my protracted divorce, when I needed a significant boost to keep my business afloat. I conducted research and found a highly qualified licensed advisor. She has effectively increased my savings from $220k to $740k, even in the face of inflation.

    • @FinnBraylon
      @FinnBraylon หลายเดือนก่อน +2

      How can I get in touch with your advisor? I'm interested in finding a more effective investment strategy for my savings.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch หลายเดือนก่อน +2

      Her name is “Sonya lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @FinnBraylon
      @FinnBraylon หลายเดือนก่อน +1

      Thanks for the share! copied and pasted full name on my browser, effortlessly found her site, very professional. I got some feedback hope to speak on the phone soon.

    • @FinnBraylon
      @FinnBraylon หลายเดือนก่อน +1

      Thanks for the share! copied and pasted full name on my browser, effortlessly found her site, very professional. I got some feedback hope to speak on the phone soon.

  • @InsuranceExplained
    @InsuranceExplained 3 ปีที่แล้ว +99

    This is the type of stuff I wished I learned in school. Thanks!

  • @jennyr.cordero2018
    @jennyr.cordero2018 ปีที่แล้ว +104

    I'm so happy i made productive decisions about my finances. Bought my second house in September last year and hoping to retire next year at 52 if things keep going smoothly for me.

    • @adrienclaeys294
      @adrienclaeys294 ปีที่แล้ว +2

      WOW, pls share some tips on how you achieved this beautiful feat, I would appreciate

    • @mateolefebvre486
      @mateolefebvre486 ปีที่แล้ว +1

      I've been around the market long enough to know that these ups and downs can still prove to be highly beneficial, time and again I've seen people use these windows of opportunities to make millions and set up for retirement, I just don't know how they did it.

    • @jennyr.cordero2018
      @jennyr.cordero2018 ปีที่แล้ว +3

      @@adrienclaeys294 I have a very diversified investment portfolio and I employ the services of experienced portfolio managers to ensure maximum returns and minimal loses.

    • @jennyr.cordero2018
      @jennyr.cordero2018 ปีที่แล้ว +2

      @@mateolefebvre486 Experience, patience and expertise is how they did it

    • @adrienclaeys294
      @adrienclaeys294 ปีที่แล้ว

      @@jennyr.cordero2018 I want to invest, pls how do I reach out to your manager?

  • @ryeofoatmeal
    @ryeofoatmeal 3 ปีที่แล้ว +125

    this video is so meme-mable. i like it and easy to understand since im new to insurance lol

    • @ConcerningReality
      @ConcerningReality  3 ปีที่แล้ว +16

      I try to make boring topics interesting with strange stock footage and interesting editing - thanks!

    • @quentinm.williams9
      @quentinm.williams9 3 ปีที่แล้ว +2

      @@ConcerningReality right! thank you for making this so understandable and relatable especially to people new to these topics such as teens and young adults.

    • @idk-ik9wp
      @idk-ik9wp 2 ปีที่แล้ว

      @@Grizz31 bro they probably just got their first car or house, everyone starts somewhere, don't judge.

    • @lexaproishere
      @lexaproishere 2 ปีที่แล้ว

      Same, best teacher I've ever had tbh

    • @mombo5326
      @mombo5326 2 ปีที่แล้ว

      The world of insurance whaaaat a magical and whimsical place 🥹

  • @alexlim5787
    @alexlim5787 4 ปีที่แล้ว +68

    🤣 YES!! the elevator music is just wholesome, lifts up the mood while learning about insurance and the slightly awkward stock videos 😂, awesome video 🔥😁👍

    • @ConcerningReality
      @ConcerningReality  4 ปีที่แล้ว +4

      Ha, thank you! It's going be my standard theme for my finance videos. Have to find some way to keep people entertained for 8-10 minutes of otherwise "boring" topics lol

    • @alexlim5787
      @alexlim5787 4 ปีที่แล้ว +1

      @@ConcerningReality well it made my day (lmao yeah there is nothing much happening for me, even a short video like this entertained me), keep it up!

  • @tiffanyishungry1373
    @tiffanyishungry1373 3 ปีที่แล้ว +39

    if classes were like this, i would already have straight As HAHHAHA

  • @ThomasCara-tc2py
    @ThomasCara-tc2py ปีที่แล้ว +4

    Thank you for explaining insurance so clearly! 🙌 It's reassuring to know that there are options available to protect us from unexpected expenses. 😊

  • @PirjoIvaska-sr4mq
    @PirjoIvaska-sr4mq ปีที่แล้ว +6

    Great explanation! 😊👏 This video really helped me understand how insurance works. Thank you! 🙏

  • @ErinMorales-mq3mf
    @ErinMorales-mq3mf ปีที่แล้ว +4

    Thank you so much for this video. It was very interesting.

  • @Thrive_Momentum
    @Thrive_Momentum 3 หลายเดือนก่อน

    Thank you so much! I was having trouble learning in this concept for school!

  • @philly3199
    @philly3199 3 ปีที่แล้ว +15

    The best video explaining insurance in the simple form. Thanks

  • @forceinduction2591
    @forceinduction2591 3 ปีที่แล้ว +14

    U got a new subscriber, fun way to learn things. Love the humor

  • @TheMako9583
    @TheMako9583 ปีที่แล้ว +1

    Thank you for making this kind injoyable and interesting ..Keep safe and keeeeppp of keeping onnnnnnnnnnn

  • @lailaalfaddil7389
    @lailaalfaddil7389 8 หลายเดือนก่อน +142

    The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the govt. Especially with the current economic crisis around the world

    • @susannnico
      @susannnico 8 หลายเดือนก่อน +1

      That's right, getting in touch with an FA during the pandemic was how I was able to scale through the crazy stock downtrend and helped me stay in profit & save my finances.

    • @skatergirl1759
      @skatergirl1759 2 หลายเดือนก่อน +1

      Do you have any advice for a young inexperienced adult on doing that??

  • @lucillemargot5175
    @lucillemargot5175 2 ปีที่แล้ว +9

    Useful! The explanation was great. I had a great watching experience. Thanks for such a really useful resource. Keep sharing such amazing information.

  • @salemrashed1
    @salemrashed1 ปีที่แล้ว +3

    Thank you so much for thus amazing channel ❤️

  • @SimplySprout1
    @SimplySprout1 หลายเดือนก่อน

    Thank you for making this simple video. Im 15 and learning to be financialy literate by the age of 18. And this is one of the most simple video's I've watched that explained what the suject I had a question on so well that I could repeat what you just said after watching the video 1 time all the way through. Continute making videos and because of this one video im subscribing. Thank You so much!

  • @teddy1260
    @teddy1260 3 ปีที่แล้ว +6

    Great video very informative and satisfied my curiosity
    Keep up the amazing work!

  • @guyparfitt8476
    @guyparfitt8476 3 ปีที่แล้ว +17

    Lol. That intro was a shameless way to reach the 8 minute mark

  • @ZulyPastrana
    @ZulyPastrana 3 ปีที่แล้ว +2

    I LOOOOOOOOOOOOOVED THIS KEEP UP THE WORK PLSSSS

  • @soksan6069
    @soksan6069 2 ปีที่แล้ว +1

    So good thanks for sharing

  • @picachoo5686
    @picachoo5686 ปีที่แล้ว +1

    now I fully understand! thank you!

  • @JacquelynnPodraza-zq3ii
    @JacquelynnPodraza-zq3ii ปีที่แล้ว +1

    Thanks! 😊 Now I understand better! 🙏

  • @tachityayvinh8862
    @tachityayvinh8862 2 ปีที่แล้ว

    Thanks for this!

  • @randyreynolds1045
    @randyreynolds1045 ปีที่แล้ว

    ❤ this video. Great job!

  • @lailaalfaddil7389
    @lailaalfaddil7389 9 หลายเดือนก่อน +4

    The more automated income you can create, the more freedom you'll attain. While the initial step is challenging, after five properties, you've been living off automated income since July 6, 2016. To reach your goal, you must begin taking those crucial steps.

    • @susannnico
      @susannnico 9 หลายเดือนก่อน

      What type of investment do you recommend, and what's the optimal approach to pursue it?

  • @lovedrama6815
    @lovedrama6815 2 ปีที่แล้ว

    Thank you for this video

  • @CalvinHillMusic
    @CalvinHillMusic 29 วันที่ผ่านมา

    That was 100% interesting, you explained it perfectly. Thank you.

  • @fabianaime7822
    @fabianaime7822 ปีที่แล้ว

    I enjoyed this video from the opening right to the end

  • @ablissbono
    @ablissbono 5 หลายเดือนก่อน

    Nice video.. I'm happy about it! thanks!

  • @samirasaadat6409
    @samirasaadat6409 ปีที่แล้ว

    Thank you so much ..I have a question is it good to have insurance license to work online to people who want to buy insurance plz answer ??

  • @kenzeo8690
    @kenzeo8690 2 ปีที่แล้ว

    Thank you for sharing

  • @nguyenhoangong3945
    @nguyenhoangong3945 2 ปีที่แล้ว +2

    Thank you so much for such a useful video , this is what i am looking for . Your video is different from the rest

  • @insidesalesagentandvirtual9005
    @insidesalesagentandvirtual9005 3 ปีที่แล้ว +2

    I love how you made this video made me smile thank you :)

  • @mordokkapongspeu4474
    @mordokkapongspeu4474 2 ปีที่แล้ว

    Good thanks for sharing

  • @iwifnngi
    @iwifnngi 2 ปีที่แล้ว +1

    If this was an ad video in yt I would watch it till the end.

  • @abirpaul9027
    @abirpaul9027 ปีที่แล้ว

    Great explanations

  • @thifalrn
    @thifalrn 2 ปีที่แล้ว

    nice video, hats off!

  • @den12_
    @den12_ 2 ปีที่แล้ว

    I'm glad I watched it to the end, seeing that suckling kitten was worth every second i've spent.

  • @joshuadante3449
    @joshuadante3449 2 ปีที่แล้ว

    Really nice video!!!

  • @saxophonecsb7398
    @saxophonecsb7398 11 หลายเดือนก่อน

    Great vid bro.

  • @shauntaefrance3915
    @shauntaefrance3915 3 ปีที่แล้ว

    I love it you remind me of the guy from zombie land! Im going to have to watch this again.

  • @pssophol35k58
    @pssophol35k58 2 ปีที่แล้ว

    Thank for upload

  • @jodydehaney
    @jodydehaney ปีที่แล้ว

    Very interesting thank you

  • @emilys9976
    @emilys9976 ปีที่แล้ว

    loving the low-budget stock footage

  • @user-pl7ym9ix7k
    @user-pl7ym9ix7k ปีที่แล้ว +2

    Well let’s not forget to make those investments too… as we pay for insurances.

    • @saanvi848
      @saanvi848 ปีที่แล้ว

      @let love lead great to hear what did you do? Do you trade? How were you able to pull that off.

  • @akashrathod595
    @akashrathod595 3 ปีที่แล้ว

    Good information. Thank you.

    • @elliottwilliams2082
      @elliottwilliams2082 3 ปีที่แล้ว

      Hello there's this trader you should know she's an expert in trading on different platform she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me, i made some research on google and i saw Sherry Alfie Trading i never knew there's a broker like her i read all about her you should also and thank me later..

  • @fabianquintero6385
    @fabianquintero6385 ปีที่แล้ว

    Thank you for your video. Funny ending! lol

  • @blake.the.protagonist
    @blake.the.protagonist ปีที่แล้ว

    Love the videos.

  • @kathleenwatson5252
    @kathleenwatson5252 2 ปีที่แล้ว +2

    Great video! Thank you for sharing.

  • @mrsalim2556
    @mrsalim2556 3 ปีที่แล้ว +1

    Such a good video 😍😍😍

  • @cbgassetscompany
    @cbgassetscompany ปีที่แล้ว +267

    Our Insurance Solutions team is led by a group of experienced investment and insurance professionals. Leveraging our investment
    management capabilities across CBG Asset Management and Oaktree, we seek to match long-duration liabilities with portfolios of high-quality investments to generate attractive, risk-adjusted returns for us and our partners. kindly contact us to know how to earn from it.

    • @rebeccaandreyeva
      @rebeccaandreyeva ปีที่แล้ว +1

      Oh yes Buying insurance is important as it ensures that you are financially secure to face any type of problem in life, and this is why insurance is a very important part of financial planning, so let's say one decides to work with CBG on that aspect, how do we go about it ? Thank you

    • @ryogakuc
      @ryogakuc ปีที่แล้ว +1

      insurance gives security to both individual and business-man. These days insurance covers various social welfare schemes also. There are schemes providing for unemployment, sickness, accident, health and old age insurances. is that part of your business model cbg?

    • @EmilyHudson-hg3bx
      @EmilyHudson-hg3bx ปีที่แล้ว +1

      The insurance has become an integral part of business and human life. ‘The fear of loss’ has been a constraint on the growth of business and trade. An uncertain future of business and of individual has always been haunting him. CBG has been helpful in solving many problems of business and private life.

    • @lizag305
      @lizag305 ปีที่แล้ว

      In australia, Life Insurance Corporation of AU provides large funds to the CBG Asset for long-term funding. These funds are productively used in exploiting natural resources which accelerates industrial growth of a country. The employment opportunities are also increased by big investments made by insurance companies like Cbg. So, insurance has become an important source of capital formation.

    • @ry0gakucho
      @ry0gakucho ปีที่แล้ว +1

      Insurance does not only protect risks but it provides an investment channel too. Life insurance provides a mode of investment. How does your investment work in this company

  • @Galaxy_World
    @Galaxy_World 3 ปีที่แล้ว +1

    Oh ty

  • @user-jh7rk9te6k
    @user-jh7rk9te6k 6 หลายเดือนก่อน

    Good information explain 😅❤

  • @lbspound9272
    @lbspound9272 ปีที่แล้ว

    Do people that work or own insurance companies get insurance from their own companies ,

  • @digitallyb
    @digitallyb 4 หลายเดือนก่อน +1

    super work

  • @amandacestika1368
    @amandacestika1368 3 ปีที่แล้ว

    Thanks

  • @merc7paul
    @merc7paul ปีที่แล้ว +2

    I don't know what your on about I find insurance fascinating lol

    • @merc7paul
      @merc7paul 2 หลายเดือนก่อน

      Fax

  • @nanreyes1
    @nanreyes1 3 ปีที่แล้ว +1

    you are so underrated !!!

  • @greenthei1034
    @greenthei1034 2 ปีที่แล้ว

    Thanks
    so good

  • @n.l3176
    @n.l3176 3 ปีที่แล้ว

    love this vid

  • @SalmanKhan-rm9kk
    @SalmanKhan-rm9kk 5 หลายเดือนก่อน

    i have been alive on tis planet for 31 years , and you are the first human being who have actully described the

  • @christiemcpeters3604
    @christiemcpeters3604 2 ปีที่แล้ว

    Nice video!

  • @nuthanasarakphorn9706
    @nuthanasarakphorn9706 ปีที่แล้ว

    thanks you

  • @kankofix
    @kankofix ปีที่แล้ว

    Love the end

  • @iwifnngi
    @iwifnngi 2 ปีที่แล้ว

    I love this video.

  • @ryanweaver962
    @ryanweaver962 10 หลายเดือนก่อน

    Saving money and investing that money… the diversity is safe investments is quite powerful. And, the investing in communities where are relatable to the risk pools… matters. And, perhaps larger contexts of investments and growth may be needed, but those are learnings of needs… it’s also true, people need to make money in order to pay into pools o risk and investments. Stake holders. We can see why steamship with bonds of all types is very needed.

  • @VanCalapanoGreenBarleyDealer
    @VanCalapanoGreenBarleyDealer 4 ปีที่แล้ว +1

    Thanks for sharing...

    • @ConcerningReality
      @ConcerningReality  4 ปีที่แล้ว +1

      Thank you! (And thanks for subscribing a day ago 😊 )

    • @zsmith4853
      @zsmith4853 4 ปีที่แล้ว

      @@ConcerningReality No. Seriously, THANK YOU for your time and effort in making this video possible.

  • @user-cl6qv8bs4m
    @user-cl6qv8bs4m 5 หลายเดือนก่อน

    I want to buy insurance plan please suggest me

  • @vijayasekaranm2123
    @vijayasekaranm2123 11 หลายเดือนก่อน

    It’s the end that got me😅

  • @talentchikukwa0304
    @talentchikukwa0304 2 ปีที่แล้ว +1

    🤣🤣🤣🤣Great video hahaha I'm still here

  • @climax7260
    @climax7260 3 ปีที่แล้ว +6

    Thank you. It is a good and interesting video.

    • @elliottwilliams2082
      @elliottwilliams2082 3 ปีที่แล้ว

      Hello there's this trader you should know she's an expert in trading on different platform she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me, i made some research on google and i saw Sherry Alfie Trading i never knew there's a broker like her i read all about her you should also and thank me later..

  • @Solisium-Channel
    @Solisium-Channel ปีที่แล้ว +1

    Can I get insurance in case that I get drunk and lose my job for not going to work due to the hangover?
    Or for moving expenses and bail for if I walk out naked in my neighborhood because I got shatfaced?
    Or for therapy if I woke up naked next to a dude when the last thing you remember was drinking heavy at a bar the previous night?
    Or medical expenses for getting punched in the face by a friend you invited over for drinks?
    Is there an insurance for being Irish?

  • @heididupont4582
    @heididupont4582 3 ปีที่แล้ว +6

    I sell Insurance,this video was well done.Thank you.

    • @elliottwilliams2082
      @elliottwilliams2082 3 ปีที่แล้ว

      Hello there's this trader you should know she's an expert in trading on different platform she as made me wealthy, Ever since i started following her strategy & techniques things as be going well for me, i made some research on google and i saw Sherry Alfie Trading i never knew there's a broker like her i read all about her you should also and thank me later..

    • @lamusiquefanatique
      @lamusiquefanatique 2 ปีที่แล้ว

      @@elliottwilliams2082 So how much commission do you get for bringing her customers?

    • @samirasaadat6409
      @samirasaadat6409 ปีที่แล้ว

      Can u tell me how to sell plz?

    • @Rokaishi
      @Rokaishi 2 หลายเดือนก่อน

      Scam bot

  • @javierjp8549
    @javierjp8549 3 ปีที่แล้ว +1

    where (or how) do you get these videos you use? Great video btw

  • @progsea
    @progsea 3 ปีที่แล้ว

    Nice video :)

  • @xdripx4970
    @xdripx4970 4 ปีที่แล้ว +2

    Another vid yaaaay

  • @Yoman144t
    @Yoman144t ปีที่แล้ว

    thank u now i know what is insurans

  • @toddbegley7936
    @toddbegley7936 2 ปีที่แล้ว

    very good

  • @josephsiyanda.5112
    @josephsiyanda.5112 ปีที่แล้ว

    What are many clients involved?

  • @kap1pa
    @kap1pa 4 หลายเดือนก่อน

    that was very good

  • @gelovelobus4654
    @gelovelobus4654 2 ปีที่แล้ว +1

    dude that was good HAHAHA i learned a lot

  • @SVL_Drama
    @SVL_Drama 8 หลายเดือนก่อน

    I very happy like this video insurance

  • @mixvideos188
    @mixvideos188 ปีที่แล้ว

    hey does gonna work if i burn my house

  • @ps7424
    @ps7424 3 ปีที่แล้ว +2

    such a good video !

  • @dosamtwo3445
    @dosamtwo3445 2 ปีที่แล้ว

    Good video

  • @darleneabuel2041
    @darleneabuel2041 2 ปีที่แล้ว

    thanks for this! it helped me a lot

  • @deltabeta5527
    @deltabeta5527 4 ปีที่แล้ว +2

    Do insurance companies invest their money in order to get profits?

    • @ConcerningReality
      @ConcerningReality  4 ปีที่แล้ว +3

      Not to my knowledge, though there may be some weird kind of insurance company that might

    • @SL-pg4dh
      @SL-pg4dh 3 ปีที่แล้ว +1

      Absolutely.

  • @dionwoyoko3476
    @dionwoyoko3476 2 ปีที่แล้ว

    Nice video

  • @user-iw1by8zp8h
    @user-iw1by8zp8h 6 หลายเดือนก่อน

    Wow amazing I ❤ insurance

  • @DEAYEX
    @DEAYEX ปีที่แล้ว

    cool stock footage

  • @kylebaguan5320
    @kylebaguan5320 2 ปีที่แล้ว

    LMAO definitely the best channel in youtube imma binge watch

  • @Lisa-t2Lisa_846h
    @Lisa-t2Lisa_846h 3 วันที่ผ่านมา

    Pessimistically, apparently, the oh-so-"awe-inspiring" confirmation of your Sales Incentive payment has apparently been "processed."

  • @salaad_aisha019
    @salaad_aisha019 2 ปีที่แล้ว +1

    I knew how it worked before I even knew how it worked lol my lil sister asked me what it was about and I told her exactly what you said but I didn't know I was just acting all smart but turns out I wasn't lying, then i came here to know why tf would they pay off thousands if you paid them less.

  • @esakkiraj128
    @esakkiraj128 4 ปีที่แล้ว +1

    Very good

  • @riz-q7269
    @riz-q7269 2 หลายเดือนก่อน

    If I download this video and paste it on a website, is it free or does it have a copyright?

    • @ConcerningReality
      @ConcerningReality  2 หลายเดือนก่อน

      You can simply embed the video in the website.

  • @learnebewafre3266
    @learnebewafre3266 2 ปีที่แล้ว

    This Video is interesting.

  • @johnsmith-ur8ph
    @johnsmith-ur8ph 2 ปีที่แล้ว

    informative

  • @ryanweaver962
    @ryanweaver962 10 หลายเดือนก่อน

    Fraud is not law suits… but the reality of pools and risks and behaviors. It’s a lot about rights and how these things can get usurped. Rights of individuals and groups matter a lot