Have questions about when and in what situations you should get life insurance? Life insurance can be a confusing mess for many, and don’t be fooled - it’s a game that you need to learn how to play if you’re considering buying in.  The truth is, some are terrible financial investments from companies that could be considered predatory. In this episode we show you the math and expose certain types — especially child life insurance — from companies that should be ashamed of themselves.

In this episode:

• We’re not living in Capitalism [:30]

• Inflation is here - news to support [1:30]

• Why get life insurance [3:30]

• Why you don’t buy life insurance on your child [9:00]

• Life insurance changes as family situation changes [11:30]

• Situations where you might want to have life insurance [18:00]

• Understanding the game [29:30]

• Shame on Gerber Life [31:00]

• Breaking down the fear and manipulation tactics Gerber employs [36:30]

• Reading the fine print on Gerber life insurance [40:30]

• The math tells the story of how these companies are stealing from families [50:00]

If you’d like to watch on YouTube, check out our video here:

References:

Social Security Actuarial Life Tables

Gerber Return On Annuity Worksheet

Colin Lalley, What to do when you don't qualify for as much life insurance as you'd like, Policy Genius

Western & Southern Financial Group, Western & Southern Completes Purchase of Gerber Life