Life Insurance-A Ten Minute Lesson

After watching this video, you will probably know more about life insurance than most life insurance agents—should you ever have to talk with one again. At a minimum, you will probably know more than they are willing to tell you.

How much insurance should you have?

Most of us assume this is a needs discussion. It is really a “wants” decision because life insurance is the only product that can provide the resources should you not live long enough to accumulate them. There is no-one wise enough to determine what one needs—since the very thought of “need” represents the least amount necessary. It would be hard to find anyone, who has been successful at anything, who began by calculating the least they would have to do to make it.

Life insurance is a “want” product. You decide how much it will take to accomplish what you “want” in the event of death and then it can be determined how much coverage it will take to accomplish what you want. Life insurance is the only product that can provide the immediate funds to guarantee that what you want to happen—will happen.