Elena Apalkova and Frank Campbell delve into life insurance, beginning with Frank's career. They discuss the significance and evolution of policies, using a case study to highlight the impact of a lapsed policy. The episode clarifies insurance terms, provides essential questions for seekers, and emphasizes life insurance's role in business continuity. They stress regular policy reviews, careful contract considerations, and the need for accurate information. The discussion also covers policy charges, guarantees, regulations, and the effects of policy sales to investment firms. Frank shares business insights and advice for entrepreneurs.
