Personal Finance #9-Life Insurance Demystified

Course Overview

• Course Title: Personal Finance #9-Life Insurance Demystified
• Instructor: Robert (Bob) Steele
• Target Audience:
  • Individuals interested in personal finance and financial planning
  • Those looking to understand and purchase life insurance
• Prerequisites:
  • Basic Financial Literacy: Familiarity with fundamental financial concepts
  • Interest in Financial Planning: A genuine interest in personal finance and planning for the future

Curriculum Highlights

• Key Topics Covered:
  • Assess Life Insurance Need
  • Optimal Timing for Purchasing Life Insurance
  • Streamlined Application Process
  • Policy Types Mastery
  • Provider Selection
  • Term vs. Permanent Life Insurance
  • Cash Value Insight
  • Rider Utilization
  • Retirement Planning with Life Insurance
  • Payout Interpretation
  • Tax Efficiency
  • Annuity Awareness
• Key Skills Learned:
  • Determine the necessity of life insurance for financial security
  • Evaluate the best times and life stages for purchasing life insurance
  • Navigate the life insurance application process
  • Differentiate between various life insurance policy types
  • Choose the right life insurance provider
  • Analyze term and permanent life insurance options
  • Understand cash value growth in permanent life policies
  • Enhance coverage with riders
  • Incorporate life insurance into retirement strategies
  • Decode life insurance payout options and tax implications
  • Analyze tax considerations related to life insurance
  • Differentiate various types of annuities for retirement planning

Course Format

• Duration: 15 hours on-demand video
• Format: Self-paced online course
• Resources:
  • 1 article
  • 34 downloadable resources
  • Access on mobile and TV
  • Certificate of completion