Episode 49: Making the Most of Your Life Insurance Policies

by Financial Design Studio, Inc. / August 5, 2024

Young families, professionals, and retirees will come to us with questions about their life insurance policies. Do they have enough coverage? Should they keep this old policy? And how can they can actually be used? We talk through each of these issues in this episode.

Take a listen right here, or head over to your favorite steaming platform!

Key Moments

1:24 What is life insurance?

2:47 What are the types of life insurance?

6:45 How are these policies given?

10:54 What will the life insurance policy do for you?

14:50 What coverage do you need for each life stage?

26:27 What are common mistakes?

29:32 How can these policies actually be used?

32:13 How does a beneficiary claim this policy?

Links Related to Life Insurance Policies

Want to check out our other episodes on insurance? Listen to Episode 17, Insurance Mistakes and Misconceptions or Episode 26, Are You Getting the Best Insurance Money Can Buy?

Watch these videos to find in depth explanations:

Read our article on How to Choose Open Enrollment Benefits

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