Term Vs. Whole Life Insurance | The Best Option For The Sandwich Generation

What type of life insurance should the "Sandwich Generation" buy? In this video, I break down the difference between term and whole life insurance. And I'll show you how to determine which one is going to work best for your specific situation.

Timecodes

0:00 - Intro
0:45 - Why Do You Need Life Insurance?
1:44 - Where to Start
2:26 - Term vs. Whole Life Insurance
3:41 - Don’t Get Hung Up On The Expiration Date
4:14 - How Much To Get?
4:28 - Make Sure To Shop Around
4:55 - Permanent Life Insurance - Whole Life or Universal Life Insurance
6:12 - Insurance Broker Commission
6:40 - Insurance Shouldn’t Be Investments
7:18 - This Gets Me Real Boiling
7:50 - Sales Pitch #1
8:43 - Sales Pitch #2
9:19 - Sales Pitch #3
10:18 - My Recommendation

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.