5 Life Insurance Mistakes that cost Policyholders $1,000s
This is the 1st video in Colva’s 6 part series of “How Choosing the Wrong Life Insurance Policy Can be a $21,000 mistake.” In this video we cover 5 key mistakes that policyholders make that result in them losing $1,000s. Links and descriptions to all six videosin the series can be found below.
- 5 Life Insurance Mistakes that cost $1,000s
Covers 5 key mistakes that policyholders make that result in them losing $1,000s.
- Life Insurance Basics
Covers basics of Life Insurance, differences of Term vs Permanent, etc.
- How Much Life Insurance Do I need?
Covers importance of creating a financial plan, understanding of present and future liabilities for each individual and how to properly choose policies that meet current and future need.
- What happens if I choose the wrong length of coverage?
Uses a numerical example to show how policyholders lose $1,000s by choosing the wrong amount of time that they need the coverage for.
- Permanent or Buy Term and Invest?
Uses a numerical example to show which people are better suited for buying Permanent Insurance and which are better off buying Term and Investing the Difference.
- Summary and Policyholder Tips?
Summarizes all the risks policyholders should take into consideration prior to purchasing a policy and offers tips on how to make better life insurance decisions.