Millions worth of life insurance


For one hundred million dollars, one may ask one individual would purchase such a large sum of life insurance. Well, according to Cnbc, it’s mostly for a state planning and financial reasons. The interesting fact here is that the policy is divided between nineteen different companies and no one company holds more than twenty million dollars in risk.

Number four auto insurance in Detroit runs over five thousand dollars per year. In a city once known for manufacturing automobiles, a strange happening has arrived increased auto insurance premium. The Detroit average is seven thousand traffic and has a failing public transit system where the expense is almost unavoidable. Many drive without insurance or register their addresses outside of the city. 

Number five, the insurance industry is worth five point two trillion dollars. With a combination of health life and property insurances. This industry has grown in modern society. Almost anything can be ensured and many items and health concerns are when one read of the insurance policy of the tech, it not an unfair question to wonder, where is all of this going? 


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