How Much Term Insurance Do I Need?

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[Nikkisweeets]

As a 39 year old widow who’s 40 year husband just died a month ago. get the highest amount of life insurance that your job lets you elect. Not just for funeral expenses, but there is so many other things you have to pay for and do when someone passes away. Im so thankful my husband got the highest amount when he selected a policy with his job. I was shocked and so incredibly grateful he chose the 250k policy!!!

[thenewwayhome]

He always gives straightforward pieces of advice by asking what your current situation or health condition is. Love the no-nonsense talk!

[stevengtv]

In my head Dave said “I hardly seen the inside of a hospital unless I worked there” 😂

[davidtrejo]

I still don't understand life insurance 😭

[Trina.b]

Im so glad you are explaining this. I wasn't really taught much about this and was so lost.

[barneymerrill]

You can thank Art Williams for the Term Insurance you can get today...prior to him, the insurance industry kept a stranglehold on the policy offerings by keeping term out of the equation!

Hence: Converting Term Insurance to a cash value policy was called conversion...
Converting a cash value policy to Term was called Twisting!
They MADE their money by selling you the over priced cash value policies!

Term Insurance Rules!👍🤠

[PilouBen]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[cardikleeber]

I love how they crack jokes back and forth. "That sounds like that came from experience" 😂

[lisanewhouse]

Hi sir, for someone in their 60s good health no smoker would you recommend 20 year or 30 year policy?Thank you

[brendagreen]

My husband was 60 when we went to Zander for term life. It is $414 per month
That is high for us

[mikegiovenco]

Exactly what we were looking for thank you!

[tomsassurance]

I agree with Dave on almost everything. As an insurance agent I find many people in their 60's and late 50's needing life insurance and no longer being insurable. People do not invest the difference between whole life and term.

[sethwittrup]

A young guy asks the question and gets an old guy and a middle aged guys response perfect.

[JustinCase]

They were using tables from the 1940's ?
Oh my. In the 1950's almost 50% of people smoked. Now it's just slightly north of 10%

[iamthomasgreenman]

Oof. I to worry about insurance prices.

[bushy]

30+ yrs ago, my employer's benefit insurance had a 200k policy for $15 per mos. Done
Later being disabled from working, my policy continues premium free until 65yrs old.

how do I invest money in the mutual fund?

[danbrown]

I woy love to see these mutuals funds dave talks about that have been returning 10 percent

[MAMP]

Dave’s most popular video ever as people scramble to react to the bad thumbnail.

[malikking]

Life insurance coverage is so much more than just paying off debt. He is not considering this. If I am 25 and get a 20 year term and think because I have no debt and a million in the bank I am a fool. You should have terms that covers you until you retire.

Someone is still dependent on your income and we are talking about a lifetime of giving that is also lost. Wouldn’t you want your wife to let that million sit and grow until she is ready to retire?

Always go with the 30 year term if you can afford it and consider an additional later to make sure you have coverage until retirement.