Course 5413 lessons

Life insurance, deep dive

A closer look at life insurance itself, comparing term, whole, and variable life side by side and working out how much coverage you actually need.

Why life insurance exists

You already know from the basics that life insurance pays a lump sum to your beneficiaries when you die. This course goes deeper into a single question that decides almost everything else: what job is a life insurance policy actually doing for the people you leave behind? The honest answer is that it replaces income, not memories, and it isn't a substitute for love. It hands whoever depended on your paycheck enough money to keep the lights on and the tuition paid while they rebuild.