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