Learn the basics of life insurance and how important it is for protecting your loved ones. For more information about life insurance visit http://www.lifehappens.org/lifeinsurance

- Want To Learn More With Thomas? - Convert Live Insurance To An Asset https://finance.thomascchan.com/insurance-asset 💪 Download this FREE Financial Clarity Checklist: https://finance.thomascchan.com/5steps #lifeinsurance101 #lifeinsuranceincanada #howinsuranceworks 💰Book a 30 min Complimentary Consult with Thomas🕵 https://www.thomascchan.com/thomas/ How Life Insurance Works in Canada | Insurance 101 Let's Face It! Life Insurance is not something that you wake up in the morning and say ''Oh Yeah, i need to get a Life Insurance!'' but the fact is, we all eventually need life insurance to protect the people you loved and yourself included There are so many types of life insurance policies in Canada, There are Term, Permanent, Whole Life, Universal Life, T -100, Participating Life Insurance, Non-par life Insurance, and many more I will be going over the basic terminology in life insurance, the different types of life insurance you can get in Canada how they REALLY work, and how much life insurance coverage should you need so that you can get the most appropriate one for your needs. Enjoy! 🗣 Feeling stressed regards to your current finance? Learn 5 EFFECTIVE ways to Boost your Financial Immune System Download this FREE, EASY, Step-by-Step checklist 🔊 https://finance.thomascchan.com/5steps “7 Ways to Make Money💰 Without Leaving The House🏠” https://youtu.be/RNTOO3QtYEs “3 Habits to Help You Stay Positive and Productive 💪” https://youtu.be/NNjQYdX1IlQ “How To Get a Good Rate of Return WITHOUT Investment Knowledge!” https://youtu.be/Ah_HwxUUtkI “4 Things You Need To Know Before You Invest!💴📈” https://youtu.be/ICBj7vivIWs “How Term Insurance Works In Canada? | Insurance 101” https://youtu.be/6H_0fp8HLv0 ----------- Thomas is a 10-year veteran advisor in the insurance and investment industry. He understands the life stages and challenges that people are going through. Therefore, the purpose of this channel is to bring awareness to the importance of financial education. No matter what age group you are in, knowledge has the potential to unlock wealth. Better Mindset | Better Life! Website | www.thomascchan.com Facebook｜https://fb.me/ThomaswithNovella Mail｜thomaschan@novellawealth.com

At 22 years old, Summer was juggling what many young adults do—school and a job. When she found out she was going to be a mom for the first time, she bought life insurance, even though her budget was tight and her mom, Coleen, originally advised against it. That ended up being the most responsible decision she could have made for her son, Nathan, and his future. Learn more at http://www.lifehappens.org/reallifestories Please respect our terms of usage and do not embed this video on websites or blogs.

Whether or not you need life insurance is a question that many people struggle to answer. It doesn’t help that insurance agents are often perceived as pushy sales people who stand to make larger commissions if they sell more expensive products. It is common for life insurance to be absolutely necessary for a family to be financially secure, but it is important to choose the right kind of insurance. If you are looking for more information on life insurance you should watch the video series from my PWL colleague Nancy Graham. Referenced in this video: How much personal life insurance do you need - https://youtu.be/8W5pPE4IQBs Insurance for business owners- https://youtu.be/ZtXJTQROydM ------------------ Visit PWL Capital: https://goo.gl/uPcXg7 PWL Capital Blog Post: https://www.pwlcapital.com/life-insurance-who-needs-it/ Follow PWL Capital on: - Twitter: https://twitter.com/PWLCapital - Facebook: https://www.facebook.com/PWLCapital - LinkedIn: https://www.linkedin.com/company-beta/105673/ Follow Ben Felix on - Twitter: https://twitter.com/benjaminwfelix - LinkedIn: https://www.linkedin.com/in/benjaminwfelix/ ------------------ Video channel management, content strategy & production by Truly Inc. - Website: http://trulyinc.com - Twitter: https://twitter.com/trulyinc

In May 2014, Sarah W.’s world changed forever with the sudden, unexpected death of her husband, an event that devastated Sarah and her eight-year-old son, Shea, and one that left them in an uncertain financial position. But shortly after his death, Sarah discovered the extent to which Barney had prepared for the worst day of their lives — he had purchased life insurance. The insurance policies her husband had taken out allowed her the freedom to leave her job, devote her full attention to her son, and begin a new journey on a path to healing, together. Sarah W.’s story is just one of hundreds. About YRR Your Retirement Reality was founded in 2014, and has since hosted more than 1,000 educational events nationwide helping Americans plan for a successful retirement. As an educational resource and referral service for retirement income planning guidance, we are independent of any single product or insurance company. Our team of professionals is trained to help you explore the options best suited for your situation and guide you in the right direction, at your own pace, without any pressure. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. Please consult with a professional specializing in these areas regarding the applicability of this information to your situation. The presenters of this information are not associated with, or endorsed by, the Social Security Administration or any other government agency.

High-school sweethearts faced a heartbreaking prognosis. Watch how life insurance with living benefits allowed them to continue on financially. Learn more: https://lifehappens.org/videos/the-living-benefits-of-life-insurance. #RealLifeStory

Get Term Life Insurance HERE: https://whiteboardfinance.com/go/havenlife In this video I will breakdown Term Life Insurance vs. Whole Life Insurance, to give you an idea of which is best for you. Life insurance is one of those necessary things in life, because life happens! It's better to have life insurance and not need it, than need it and not have it. The fact is, we all eventually need life insurance and this video will hopefully help you decide which is best for you. Term life insurance provides coverage for a specific amount of time (usually 20-30 yrs). If you or your spouse passes away during this time, your beneficiaries will receive a payout from the policy. Term life is much more affordable than whole life. Typically this works out to be $7 per month in 20 yr term, vs $100 with whole life cash value. Term life has no cash value until the death occurs, so it’s not worth anything until you need it, which is fine. Whole life is a form of permanent life insurance with 3 components: 1. Premiums 2. Death Benefits 3. Cash Value Accumulation (savings aspect) When you pay your premium a portion is applied to the death benefit and cash value. The first 5-10 years a majority is applied to the death benefits (cost of insurance) along with fees and commissions. After this, the cash value will receive a great portion of the premium Beneficiaries are only entitled to receive the death benefit portion of the policy when you die!! You have no choice in how the life insurance company applies the premium you pay. You can cash in or surrender your policy at any time to get your money out, but you lose the insurance! Get Term Life Insurance HERE: https://whiteboardfinance.com/go/havenlife Instrumental Produced By Chuki: http://www.youtube.com/user/CHUKImusic ABOUT ME 👇 My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur. This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience. Subscribe if you are interested in: #Investing #PersonalFinance #Entrepreneurship #StockMarket DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.