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Something More is a Financial Talk Show. We call the program "Something More" so that we can talk about not only those important dollar and cents issues, but also the quality of life issues that make the money matters matter.  Not only do we speak about investment and planning concerns, but we often invite guests for interview. 

Jun 20, 2023

Chris and Jeff talk about the benefit of having life insurance at different stages of one’s life. Life insurance can serve as a temporary tool to give one time to create the wealth that has not yet been created.

How much life insurance you need should ideally be determined in the context of your financial plan. Most people purchase life insurance to pay off debt and create an income stream to support their family members after their death.

There are different types of life insurance. It is important to determine your need, review the cost and terms of the policy, etc., before purchasing life insurance. Life insurance policies are underwritten by health and financial capacity based on statistical data – since you likely pay a higher rate if you have existing health conditions,  it can make sense to get life insurance while healthy.