Ryan Brady

Life insurance is basically a safety net for anyone who depends on you financially. So if you die unexpectedly, life insurance provides money that could replace your income, pay off a mortgage, pay for your kid's college tuition, or really any other expense you want to cover.

Life insurance is basically a safety net for anyone who depends on you financially. So if you die unexpectedly, life insurance provides money that could replace your income, pay off a mortgage, pay for your kid's college tuition, or really any other expense you want to cover.

Life insurance is basically a safety net for anyone who depends on you financially. So if you die unexpectedly, life insurance provides money that could replace your income, pay off a mortgage, pay for your kid's college tuition, or really any other expense you want to cover.

It can also give your loved ones the funds to cover your own funeral and burial costs without them having to dip into their own savings. And that can be a chunk of change, right? Yeah, it could be a lot. I believe the current estimate for funeral and burial costs is close to $8,000. Wow. Wow. So you typically you don't buy life insurance for your own benefit. You buy it for the benefit of others.

It can also give your loved ones the funds to cover your own funeral and burial costs without them having to dip into their own savings. And that can be a chunk of change, right? Yeah, it could be a lot. I believe the current estimate for funeral and burial costs is close to $8,000. Wow. Wow. So you typically you don't buy life insurance for your own benefit. You buy it for the benefit of others.

It can also give your loved ones the funds to cover your own funeral and burial costs without them having to dip into their own savings. And that can be a chunk of change, right? Yeah, it could be a lot. I believe the current estimate for funeral and burial costs is close to $8,000. Wow. Wow. So you typically you don't buy life insurance for your own benefit. You buy it for the benefit of others.

So if you think about it, you know, our ability to earn income is really our greatest asset, at least for most of us. So we insure that asset through life insurance. That way, our loved ones can maintain their standard of living with hopefully minimal disruption. Of course, there are other reasons why some people buy life insurance, like for investing or estate planning purposes.

So if you think about it, you know, our ability to earn income is really our greatest asset, at least for most of us. So we insure that asset through life insurance. That way, our loved ones can maintain their standard of living with hopefully minimal disruption. Of course, there are other reasons why some people buy life insurance, like for investing or estate planning purposes.

So if you think about it, you know, our ability to earn income is really our greatest asset, at least for most of us. So we insure that asset through life insurance. That way, our loved ones can maintain their standard of living with hopefully minimal disruption. Of course, there are other reasons why some people buy life insurance, like for investing or estate planning purposes.

But generally, it's best to think of life insurance as a way to replace your income if you pass away. Now, when it comes to your job, most employers in the U.S. offer a limited amount of life insurance for employees as part of workplace benefits. This coverage is usually what's known as basic group life insurance, and it's actually pretty easy to get.

But generally, it's best to think of life insurance as a way to replace your income if you pass away. Now, when it comes to your job, most employers in the U.S. offer a limited amount of life insurance for employees as part of workplace benefits. This coverage is usually what's known as basic group life insurance, and it's actually pretty easy to get.

But generally, it's best to think of life insurance as a way to replace your income if you pass away. Now, when it comes to your job, most employers in the U.S. offer a limited amount of life insurance for employees as part of workplace benefits. This coverage is usually what's known as basic group life insurance, and it's actually pretty easy to get.

To opt in, all you typically have to do is fill out a form and maybe meet any eligibility requirements that your company has, such as working a minimum amount of hours per week. You also need to name a beneficiary, and that's going to be the person or it can be an entity like a charity to whom you want the payout from your life insurance to go when you die.

To opt in, all you typically have to do is fill out a form and maybe meet any eligibility requirements that your company has, such as working a minimum amount of hours per week. You also need to name a beneficiary, and that's going to be the person or it can be an entity like a charity to whom you want the payout from your life insurance to go when you die.

To opt in, all you typically have to do is fill out a form and maybe meet any eligibility requirements that your company has, such as working a minimum amount of hours per week. You also need to name a beneficiary, and that's going to be the person or it can be an entity like a charity to whom you want the payout from your life insurance to go when you die.

And you can actually name multiple beneficiaries and update beneficiaries as your life circumstances change. So there's a lot of flexibility there.

And you can actually name multiple beneficiaries and update beneficiaries as your life circumstances change. So there's a lot of flexibility there.

And you can actually name multiple beneficiaries and update beneficiaries as your life circumstances change. So there's a lot of flexibility there.

So ideally, you should really be thinking about getting life insurance when anyone depends on you financially. For some people, that could be kind of more in the beginning of their career. For others, it may be more in the middle. But really, everyone's situation is going to be different. So it really just depends.

So ideally, you should really be thinking about getting life insurance when anyone depends on you financially. For some people, that could be kind of more in the beginning of their career. For others, it may be more in the middle. But really, everyone's situation is going to be different. So it really just depends.