BW 013: Life Insurance - What you Need to Know - with Jarrett Weiss

Jarrett’s mom was widowed with ten kids, five of which were still at home; their life insurance had expired only a few months before.  As widows, we should know best that life insurance is something we need, yet it’s something we can easily put off or ignore until it’s too late.  Jarrett’s passion for widows, life insurance, and eternal life is evident and contagious!   Making decisions as a widow can be overwhelming.  Today, Jarrett Weiss breaks down the basics of what to consider when purchasing life insurance, why using a broker instead of your current insurance can benefit you, how much coverage you may need, and more.  We even talk about the one kind of insurance greater than life insurance - eternal life insurance!   We talk about: The difference between term and whole life insurance The pro’s of using an insurance broker vs. directly seeking coverage What to consider when deciding how much life insurance you need What financial burden occurs and mitigating risk Should life insurance be used as a financial investment Additional expenses beyond the cost of the funeral Comparing policies and exclusions Eternal life insurance   Quotes- “He probably thought, well, I'm healthy… but when none of us have a crystal ball, we don't know what's gonna go on in the future.”   “I don't wanna see somebody like my mom have to go through raising five still at home. Without a main breadwinner. She was a stay-at-home mom.”   “...there's one thing more important than life insurance and if you were to pass away today and you don't know 100% for sure, what's gonna happen to you if you, if you were to die with, you're gonna spend eternity in Heaven or Hell that's far more important than any type of financial burden, any type of investment strategy,”   “...that's one of the things that's great about working with certain companies and working with a broker, just having that direct line.”   “...insurance is supposed to transfer risk from you to an insurance company. So with that risk, you need to understand what is at stake. If I were to pass away, what crater, what hole, what void am I leaving with my family?” The Brave Widow Community is a place where you can connect with other widows, find hope and healing, and begin to dream again for the future.  Learn more at bravewidow.com.     Hey guys, I’m Emily Jones   I was widowed at age 37, one month shy of our 20 year wedding anniversary.  Nathan and I have four beautiful children together.  My world was turned completely upside down when I lost him.  With faith, community, and wisdom from others, I’ve been able to find hope, joy, and dream again for the future.  I want to help others do the same, too!   FOLLOW me on SOCIAL: Twitter @brave_widow Instagram @brave_widow Facebook https://www.facebook.com/bravewidow YouTube @bravewidow