The Best and Worst Types of Life Insurance
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 2 June 2023
⏱️ 30 minutes
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| 0:00.0 | It's a barn burner, the best and worst life insurance. |
| 0:04.1 | Yeah, Frank, I am excited about this because one of the things that, you know, it's a |
| 0:14.8 | necessary level. |
| 0:15.8 | It's something that no one gets excited about talking about. |
| 0:18.6 | Nobody really gets super jazzed about it, but it is so, so important when it comes to |
| 0:22.5 | your financial life is making sure that you have the appropriate coverage in place. |
| 0:26.9 | You have the appropriate insured interests that are actually insured. |
| 0:31.4 | And one of those for most Americans is life insurance. |
| 0:34.5 | Well, yeah, you're trying to figure out, is this a scam? |
| 0:36.8 | Is this something that I must have? |
| 0:38.7 | And I'm going to tell you, you need a tune in because this is one of those subjects. |
| 0:42.3 | I'm like, are people going to watch it? |
| 0:43.8 | But if you have a spouse and if you have children, you need to hear what we're, because |
| 0:48.6 | we're going to spill the tea on all the things you need to know about life insurance. |
| 0:52.9 | So one of the big questions we get is, okay, why do we talk about life insurance? |
| 0:56.8 | Why is it so important? |
| 0:58.6 | And why does it have such a bad rap? |
| 1:00.2 | And one of the reasons why has such a bad rap is because it is one of the most aggressively |
| 1:04.7 | sold and profitable insurance products out there. |
| 1:08.6 | So there are a lot of people that have a motivation to maybe recommend products that are |
| 1:12.5 | not in your best interest. |
| 1:14.1 | So what we want to do is break down for you. |
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