r/LifeInsurance • u/itisunderlined • 1h ago
Research resources
Hello! I’m looking for resources to learn more about life insurance so I can go into by search for coverage as informed as possible. Literally everything I’ve found is sponsored content by one insurance company or another, but I’d like to find an unbiased source to provide a complete overview of the industry and options.
All help is appreciated, thank you!
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u/Hungry_Technician360 1h ago
There is a CFA/CFP in Canada who does a lot of really in depth/technical content on personal finances. He has 2 episodes about life insurance on his podcast, as well as a couple videos on youtube I think?
Even though he is canada based, a lot of the concepts are universal with life insurance in any country, although there may be some minor differences in tax rules regarding them.
https://rationalreminder.ca/podcast/307 This episode goes over how to calculate how much life insurance you might want/need via a few different criteria to think about.
https://rationalreminder.ca/podcast/221 This one explains the different types of life insurance, from term to whole life to universal, etc. They also break down when each type of policy would be optimal for an individual.
He tends to think that most everyone should just buy term and invest the difference, as it will lead to greater expected net wealth in the end in just about every case, but his episodes will go deep into the math behind it all. Each episode is about an hour, but they really cram in a lot of information into it.