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Life insurance is a critical part of your personal financial picture. But how does life insurance work? In this personal finance minute, I introduce you to the two main types of life insurance and the major differences. And I give you my recommendation for which type of life insurance is best.

Do you have life insurance? Let me know in the comments.

#Shorts

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The Habit That Changed My Life: Ā Ā Ā ā€¢Ā TheĀ OneĀ HabitĀ ThatĀ ChangedĀ Everything...Ā Ā 

My Debt Free Story: Ā Ā Ā ā€¢Ā HowĀ IĀ PaidĀ OffĀ MyĀ StudentĀ LoansĀ Ā 

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Listen to the official Practical Personal Finance playlist on Spotify: open.spotify.com/playlist/3BImAYZ70puJih0OM3cQP7?sā€¦

Want to have a chat about money? Send me a message on Instagram: www.instagram.com/practical_pf

FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
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Uploaded At Feb 5, 2021 ^^


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15 Comments

Top Comments of this video!! :3

@WhatJoeKnows

3 years ago

Love the shorts! Great information. Keep it coming.

4 |

@THRIVETradingInvestments

3 years ago

Great video! Super clean and informative!

5 |

@johnsantiago4810

3 years ago

Question, what do you mean "to invest the lump sum of the payout and withdraw how much you need? Can I not just put the whole lump sum in my regular checking account and use it from there?

2 |

@Xt4209

2 years ago

What kinda prices is one looking at for a fair deal

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@babenchrist1471

1 year ago

Just got licensed in the state of South Carolina ! If you are looking for an insurance policy or just education understanding, let me know! Definitely glad yo help out ! šŸ‘

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@freakkick

1 year ago

this can be edited to next level

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@TheTREEHOUSE18

2 years ago

Jesus died for all mans sins if you believe Jesus died for you and trust in this to pay for your sins you shall be saved.Jesus is the door into heaven.

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