đź’°Life Insurance 101
đź’Ť LIFE CHANGES
⚠️ RED FLAGS
100

This type of life insurance provides coverage for a specific period, such as 10, 20, or 30 years.

What is Term Life Insurance?

100

This relationship change means new coverage is needed.

What is marriage?

100

This popular online fundraiser is not life insurance.

What is GoFundMe?

200

This type of policy lasts your entire lifetime and includes a guaranteed death benefit and cash value.

What is Whole Life Insurance?

200

This event often leaves people underinsured.  

What is divorce?

200

This plan relies heavily on casseroles, sympathy cards, and “Let us know if you need anything.”

What is hoping friends and family will help?

300

This type of life insurance is designed to help cover final expenses such as funeral and burial costs.

What is Final Expense Insurance?

300

This purchase increases insurance needs.

What is buying a home?

300

This excuse delays protection.

What is “I’m healthy”?

400

This type of life insurance is commonly used to cover a mortgage or protect income during working years.

What is Decreasing Term Life Insurance?

400

This change can end coverage.

What is changing jobs?

400

This belief is risky.

What is “It won’t happen to me”?

500

This policy is often offered by employers and provides a basic level of coverage, sometimes with the option to buy more.

What is Group Life Insurance?

500

This combo creates the biggest gap.

What is marriage, baby, and new home?

500

This mindset leaves families exposed.

What is “We’ll figure it out later”?