Life Insurance is the most exciting topic on the planet!Just kidding. But just because it isn’t a super exciting topic doesn’t mean you don’t need to know about it.Today, Joe Saul-Sehy, host of the Stacking Benjamins podcast, joins Scott and Mindy to talk about Life Insurance. Joe comes from a background as a financial planner and was licensed to sell every type of insurance product available.Joe is here today because he understands how life insurance works - how it's priced, how you can use it, the pros and cons of the product - but he has no skin in the game whether you buy life insurance or not.He's the perfect person to explain this product from a factual standpoint and let you make the decision of what type - if any - is best for you, based on facts, not commissions.Joe walks us through the basics and shares how life insurance actually covers you - from term, to whole, to universal life. There's no bad product, only different ways of paying out.If you're struggling with how to figure out what life insurance policy is right for you, this episode can't be missed.In This Episode We Cover:How life insurance worksHow to incorporate life insurance into financial planningWhat bucket of insurance should people be thinking aboutHow does life insurance gets priceWhole life insurance versus term life insuranceUniversal life insuranceWhat decreasing term policy and level term policy areThings that affect insurabilityTax triangleIs life insurance payout taxedWhat age should you get life insuranceWhat makes good life insurance policyCommon reasons for being denied in life insuranceAnd SO much more!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsBiggerPockets Money Podcast 40XY Planning NetworkSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.