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Life Insurance Exam [National] 20 – Purpose of Life Insurance Explained

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Exam. In this episode you will learn: • The critical differences between the Human Life Value and Needs approaches for determining coverage. • How life insurance acts as an immediate estate to provide liquidity for final expenses and taxes. • The…

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