Life Insurance in 30 Seconds

Written By Asher Furst

If you have dependents, you probably need life insurance.

Term vs. Whole Life:

  • Most people only need Term which is often 1/8 of the price.

How much coverage?

  • A good rule of thumb is 25x the income you need.

Cost:

  • Start young and it is often around $50 a month.

Agent or DIY?

  • I recommend using an agent - you get expert guidance and it doesn’t cost more. The company pays him a commission.

    • Make sure you trust him since the more expensive the policy, the more he makes.

For a full discussion, https://www.asherfurst.com/money-guides/life-insurance-basics

Asher Furst
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