Latest / Something More with Chris Boyd
When do you need life insurance?
Chris and Jeff talk about the benefit of having life insurance at different stages of one's life. Life insurance can serve as a temporary tool to give one time to create the wealth that has not yet been created.
How much life insurance you need should ideally be determined in the context of your financial plan. Most people purchase life insurance to pay off debt and create an income stream to support their family members after their death.
There are different types of life insurance. It is important to determine your need, review the cost and terms of the policy, etc., before purchasing life…
The skinny
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