10 Things You Didn't Know About Life Insurance

2 years ago
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Life insurance is a critical part of a financial plan, whether you live a long fruitful life or you happen to leave the earth earlier than expected. You need to protect your family, by insuring your family’s most important asset, YOU!!!

In this video I’ll share with you 10 things you didn’t know about life insurance so you can make sure you buy the right kind, the right amount and can rest assured you and your family are protected.

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Once you have learned to live within your means, it’s time to grow your means!

Financial education is vital to reaching financial freedom and financial independence. Personal finance is not taught in schools so you are left to learn on your own and hope to reach your financial goals. Subscribe to this channel to increase your financial literacy.

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00:00 - Intro
00:35 - Life Insurance Statistics.
01:17 - Life insurance is a critical part of a financial plan.
02:28 - The types of Life insurance.
03:35 - Life insurance is more affordable than you think.
04:09 - Evaluate at major life events.
05:00 - You can replace or update your Life Insurance.
06:06 - You need more Life Insurance than you think.
07:05 - The death benefit is paid quickly.
07:37 - Life Insurance pays an income tax free benefit.
08:18 - Protects your family after you are gone.
08:57 - There are LIVING benefits!

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Disclaimer.
The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at hello@financialselfreliance.net. I am not a tax, legal or investment advisor representative.

Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.

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