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Introduction to Life Insurance for Kids and Teens. This video explains the concept of life insurance in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about life insurance, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.
- 4 min
Introduction to Insurance for Kids’ Financial Literacy. This video explains the concept of insurance in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about insurance, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.
Dec 18, 2018 · This video answers the basic question "What is Life Insurance" in a simple, kid-friendly way. PLEASE SUBSCRIBE (It’s FREE!): http://bit.ly/EasyPeasyFinanceSu...
- 4 min
- 5.9K
- Easy Peasy Finance
Aug 14, 2018 · This video answers the basic question "What is Insurance" in a simple, kid-friendly way. ... This video answers the basic question "What is Insurance" in a simple, kid-friendly way. PLEASE ...
- 3 min
- 184.2K
- Easy Peasy Finance
Meet Ava. Ava has been through an incident that made her think about purchasing a life insurance policy. But wait. She knows nothing about life insurance! Le...
- 4 min
- 7.8K
- Lecture Pal
Apr 4, 2022 · Life insurance. Many people use life insurance as a way to continue to support their families in the event of their death. For example, life insurance payments can be used to pay down the mortgage or fund children’s post-secondary education. Life insurance policies are paid out after the policyholder’s death.
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Whole life insurance pays a death benefit to a beneficiary but also pays dividends based on the premium and the insurance company’s investments. In a whole life plan the insurer calculates how much premium is needed to pay benefits for the people it insures, invests the remainder of the premium, and pays back to the insured a portion of the earnings on investments.