The Long Game

Life Insurance: Term vs. Permanent Policies Explained


Listen Later

In this episode, hosts Thomas Kopelman and Jacob Turner are joined by returning guest Broc Buckles, an expert in the insurance space.

Together, they dive deep into the world of life insurance, breaking down the different types, including term and permanent insurance, and discussing when and why you might need them.

Key Topics Covered:

  • Overview of life insurance: term vs. permanent

  • How to determine how much life insurance you need

  • The importance of reevaluating your life insurance needs during major life changes

  • Common misconceptions about whole life and indexed universal life insurance

  • Use cases for term and permanent life insurance, including family protection, business agreements, and estate planning

  • Whether you're new to the world of insurance or looking to refine your understanding, this episode is packed with valuable insights and practical advice.

    Timestamps:
    00:00 - Introduction
    00:18 - Disclaimer
    00:33 - Guest Introduction: Broc Buckles
    02:03 - Overview of Life Insurance Types
    02:22 - How Much Life Insurance Do You Need?
    04:25 - Reevaluating Your Life Insurance Needs
    11:07 - Common Misconceptions in the Insurance Industry
    15:10 - Use Cases for Term Life Insurance
    20:26 - Use Cases for Permanent Life Insurance
    29:40 - Conclusion

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Long GameBy Thomas Kopelman

    • 4.7
    • 4.7
    • 4.7
    • 4.7
    • 4.7

    4.7

    67 ratings


    More shows like The Long Game

    View all
    Money Guy Show by Brian Preston and Bo Hanson

    Money Guy Show

    3,246 Listeners

    Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

    Your Money, Your Wealth

    815 Listeners

    The Meb Faber Show - Better Investing by The Idea Farm

    The Meb Faber Show - Better Investing

    942 Listeners

    ChooseFI by ChooseFI

    ChooseFI

    5,155 Listeners

    The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

    The Retirement and IRA Show

    751 Listeners

    White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

    White Coat Investor Podcast

    2,455 Listeners

    Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

    Stay Wealthy Retirement Podcast

    695 Listeners

    Animal Spirits Podcast by The Compound

    Animal Spirits Podcast

    2,019 Listeners

    Bogleheads On Investing Podcast by bogleheads

    Bogleheads On Investing Podcast

    614 Listeners

    The Compound and Friends by The Compound

    The Compound and Friends

    2,145 Listeners

    The Long View by Morningstar

    The Long View

    931 Listeners

    Excess Returns by Excess Returns

    Excess Returns

    84 Listeners

    Ready For Retirement by James Conole, CFP®

    Ready For Retirement

    827 Listeners

    Ask The Compound by The Compound

    Ask The Compound

    338 Listeners

    The Morgan Housel Podcast by Morgan Housel

    The Morgan Housel Podcast

    990 Listeners