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189-Term Life Insurance

189-Term Life Insurance

FromRadical Personal Finance


189-Term Life Insurance

FromRadical Personal Finance

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
Released:
May 6, 2015
Format:
Podcast episode

Titles in the series (100)

Joshua J Sheats, MSFS, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.