Description

Life insurance isn’t just about death, it’s about what happens to the people you care about most.

How much coverage is enough? What kind of policy should you have? And why do most policies never pay out?

In this episode, Nick Russell and Becky Wagoner uncover the purpose, types, and real value of life insurance. From ancient burial clubs to modern strategies, they share relatable stories, surprising facts, and practical guidance for evaluating your current coverage—or getting started the right way.

Nick and Becky discuss:

• The key differences between term and permanent life insurance, including how they function and when each is appropriate
• Why so many people are underinsured and how to calculate the right amount of coverage based on income, debt, and dependents
• The reasons most life insurance policies never pay out and how to avoid letting yours lapse
• What impacts a policy's payout eligibility, including suicide clauses, felonies, and dangerous professions
• How to review and potentially modify an existing life insurance policy to keep it relevant as life circumstances change
• And more!

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