If you're reading this, you've probably heard of life insurance before, and, there's a lot of different types of, and words to describe, life insurance. We're talking 'term', 'whole life', ‘universal life’, ‘variable life’, ‘infinite banking’, ‘be your own bank’... the list goes on.
In this video, we want to make life insurance as simple as possible, explain who actually needs life insurance, what type of life insurance is actually useful, what type(s) to stay away from, and how to calculate how much life insurance you may need.
Do you currently have a life insurance policy? If yes, what type of life insurance policy do you have? Let us know in the comments!
0:00 What you need to know about life insurance
0:43 What is life insurance?
2:20 What is term life insurance?
5:40 What is whole life insurance?
9:24 The problem with whole life insurance
12:36 How much life insurance do you need?
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#life#insurance#explained#term#whole
