26 min listen
189-Term Life Insurance
ratings:
Length:
95 minutes
Released:
May 6, 2015
Format:
Podcast episode
Description
Today we continue our life insurance series dig into the topic of term life insurance.
Term life insurance is an incredible financial product and extremely useful. It also has some options that are not commonly understood or explored.
We discuss:
What is term life insurance useful for?
Normal life insurance policy designs:
level term insurance
annual renewable term insurance
decreasing term insurance
increasing term insurance
Key policy features:
renewability
convertibility
disability waiver of premium
reentry term insurance
return of premium rider
Group term insurance
How to analyze costs
What about those who say term insurance is the only appropriate solution?
How to find a policy
How to get insurance with a medical condition
Enjoy!
Joshua
If you'd like access to the spreadsheet with return of premium rate of return calculations and the annual renewable term vs. level term discussion, support Radical Personal Finance on Patreon! http://radicalpersonalfinance.com/patron
Term life insurance is an incredible financial product and extremely useful. It also has some options that are not commonly understood or explored.
We discuss:
What is term life insurance useful for?
Normal life insurance policy designs:
level term insurance
annual renewable term insurance
decreasing term insurance
increasing term insurance
Key policy features:
renewability
convertibility
disability waiver of premium
reentry term insurance
return of premium rider
Group term insurance
How to analyze costs
What about those who say term insurance is the only appropriate solution?
How to find a policy
How to get insurance with a medical condition
Enjoy!
Joshua
If you'd like access to the spreadsheet with return of premium rate of return calculations and the annual renewable term vs. level term discussion, support Radical Personal Finance on Patreon! http://radicalpersonalfinance.com/patron
Released:
May 6, 2015
Format:
Podcast episode
Titles in the series (100)
RPF 0002 – The first question in financial planning…what do you want?: Where do you start when thinking about financial planning? You have to begin with the end in mind (as Stephen Covey would say): What do you really want? Why do you want it? And then, how are you going to achieve it? - by Radical Personal Finance