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?
➡️ Simplii Financial - Our No Fee Chequing Account (up to $400 bonus) - api.fintelconnect.com/t/l/65ad4fc7581176001cb7f1b2
➡️ EQ Bank - Our High Interest Savings Account - click.linksynergy.com/fs-bin/click?id=Xoa5MXyunCM&offerid=1115263.19&bids=1115263.19&type=3&subid=0
➡️ Wealthsimple Invest - Our Robo-Advisor Investment Platform ($50 bonus) - wealthsimple.sjv.io/vnkndW
➡️ Wealthsimple Trade - Our Favourite Stock Trading Platform ($25 bonus) - wealthsimple.sjv.io/yRARNB
➡️ American Express Cobalt - Our Travel Rewards Credit Card (up to 22,000 points) - www.americanexpress.com/en-ca/credit-cards/referral/prospect/card/intl/cobalt?ref=sTEPHGtKkv&XL=MIANS
➡️ Neo Financial - Our Cash Back Credit Card - neo.cc/refer/N8U6K3S9
➡️ Questrade - Low Fee Investment Platform Canada ($50 in commission free trades) - questrade.sjv.io/AWa9jo
➡️ Borrowell - Free Credit Score Check - api.fintelconnect.com/t/l/612d3fe6cb45d3001d5ece04
The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel!
Website - stephandden.com
Instagram - @stephandden
TikTok - @stephandden
➡️ YouTube Filming Equipment - amzn.to/3HrWA4i
➡️ YouTube Editing Equipment - amzn.to/3RXBsri
The links above are affiliate links - Steph & Den are Amazon Associates and we earn from qualifying purchases.
Disclaimer - This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

Category :

#life#insurance#explained#term#whole