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 still in development. Your purchase includes its materials as they are published in your portal. No release date is confirmed. Buy 5 or more and every course is 30% off.
After payment is confirmed and your access is set up, the files listed below can be downloaded from your portal. Any unpublished materials will be added when ready, at no additional charge.
Files currently available
- Needs Calculator Guide.
- Needs Calculator.
- Policy Comparison Worksheet.
- Beneficiary Designation Audit Checklist.
- Policy Inventory Template.
- Slide deck.
- Visual: Roadmap.
- Visual: Three Jobs.
- Visual: Kinds Comparison.
- Visual: Premium Anatomy.
- Visual: Three Parties.
- Visual: Needs Flowchart.
- Visual: Tax Map.
- Visual: Example Marcus.
- Visual: Example Dana.
- Visual: Ladder.
- Visual: Decision Tree.
- Visual: Goodman Triangle.
- Workbook.
- The narrated lesson. 45 minutes, cued to the deck, with chapter markers by lesson. Added to your portal when published, at no extra cost. This purchase does not guarantee that the narrated lesson is available today.
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.