Term Insurance: Why and when do you need it?

Episode 41 - Deepak sits down with returning guest Ruchir Kanakia, the founder of the insurance distribution company OneAssure to discuss our favorite insurance product - term insurance. Summary: How term insurance works for you and the company that sells it to you Debt or Dependents – the two reasons to buy term insurance How Covid and the fact that a handful of reinsurers control everything has made your office insurance a bit less reliable – consider buying a personal one too How much coverage is enough and how much the insurance company will give you Why you should opt for the in person medical test You're tech or finance savvy but consider getting an agent or distributor if your dependents might not be Common riders and why you should ignore them How the claims process works and benefits of selecting a monthly or yearly premium payment Click here for the full transcript.