051: Life Insurance Explained | Term vs. Whole Life, IUL, Living Benefits & What You Need to Know
How does life insurance work, how much life insurance do you need, and what should you know before buying a policy? I sit down with military veteran and life insurance professional Rob Loa to break down life insurance, the different types of policies, and the questions you should ask when considering coverage.
We discuss term life insurance vs. whole life insurance, permanent life insurance, and indexed universal life insurance (IUL), including how these policies differ and what happens when a term life insurance policy expires.
We also cover how much life insurance you may need, what factors…
The skinny
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