Course 2.1 · 45 minutes
Life Insurance Explained: Term, Whole, Universal, and What You Actually Need
Pick the right kind and amount of life insurance for your family or business, and understand exactly what you are paying for.
- Who it is for
- Anyone with dependents, debt, or a business partner.
- Runtime
- 45 minutes
Pre-order: this course is in development and appears in your portal the day it is released. Buy 5 or more and every course is 30% off.
Instant download after payment. Nothing is withheld for a later purchase.
What you receive
- Life Insurance Needs Calculator (Excel)
- Policy Comparison worksheet for quotes
- Beneficiary Designation Audit checklist
- Policy Inventory template for the family file
- The narrated lesson. 45 minutes, cued to the deck, with chapter markers by lesson. Emailed to you the day it publishes, at no extra cost.
What the course covers
- 01What life insurance is for: income replacement, debt, and estate liquidity5 min
- 02The kinds: term, whole, universal, indexed, and variable, and how each is priced9 min
- 03The three parties: owner, insured, and beneficiary, and why the arrangement matters6 min
- 04How much: a needs analysis you can do in twenty minutes6 min
- 05The tax overview: tax-free death benefit, nondeductible premiums, and the estate inclusion rule6 min
- 06Worked example: a family of four with a mortgage and two incomes6 min
- 07Tricks of the trade: laddered term, convertible term, and buying while healthy4 min
- 08Mistakes and traps: naming minors, naming the estate, and the three-party gift trap3 min
How it fits: Entry course for the tranche. Pairs with 3.1 (estate planning basics).
The standard every course holds
- A narrated lesson of 45 to 60 minutes, produced as audio
- A designed slide deck you download and keep
- A computational workbook that runs the actual legal tests
- A toolkit of checklists and protocols
- A legal authority appendix carrying the two-pass vetting protocol
Written for a diligent reader with no legal education. Professionally narrated using a studio voice model of Brian T. Boyd. The course is recorded instruction, not a live consultation.
Where this course sits
Track 2: Life Insurance
This course is one step in a track built around a single outcome. See the full build order and the other courses that get you there.
Back to this trackEducational material from the private client curriculum of Brian T. Boyd. This is legal education for a general audience, not legal advice, and no attorney-client relationship is created by purchasing, viewing, or using it. Tax outcomes depend on your facts and your state.