ProsperU: Life Insurance – Beyond the Benefit

Most people buy life insurance to protect their loved ones. It’s a powerful tool that replaces uncertainty (because no one knows when they’ll die) with the reassurance that money will be there when it’s needed most. That death benefit can help cover everyday living expenses, pay off debts, or provide long-term financial stability for those left behind. It brings a level of clarity and security to an otherwise unpredictable situation.

But while the death benefit is an incredibly important reason to have life insurance, it’s not the whole story. Depending on the type of policy, life insurance can also play a role in your financial life while you’re still living. It can support long-term planning, provide access to funds in certain situations, and add another layer of stability to your overall financial picture. When used thoughtfully, it’s not just protection for the future – it’s a tool that can help create financial security today.

This session covers topics including:

• Types of life insurance: breaking down the differences and uses of term and whole life insurance.
• How life insurance can help you achieve financial security: overview of the top reasons for owning life insurance and practical examples of uses.
• How to know which type of life insurance is best for you: walk through questions to ask when deciding what type and how much is right for you.