: Like renting protection. It covers him for a set period (like the 10 years until his daughter graduates). It’s affordable and straightforward, providing a death benefit if the unthinkable happens during that window.
Sarah smiled. "Actually, you're buying a . You pay a small amount now—the premium —and in exchange, the insurance company takes on the financial risk of your 'what-ifs.' It’s not a bet; it’s a transfer of risk." She explained the two paths he could take: Chapter 1 Introduction to Insurance Life Insura...
: Like buying a house. It covers him for his entire life and builds cash value over time—a small nest egg he could even borrow against later. : Like renting protection
He called an old friend, Sarah, who worked in the industry. "I don't get it," Leo admitted over coffee. "It feels like I'm betting against myself." Sarah smiled
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