159 | Two Questions about Life Insurance

Should you have life insurance?

If someone else's well-being depends on income that you generate, then probably yes.

If someone else would become responsible for debt that you owe, then probably a double yes.

If neither of these statements is true, then probably no.

Would I ever sell life insurance?

Absolutely not.

I don't want to be tied to the process of approving someone for life insurance nor do I want to be compensated for selling it.

Sometimes there are disappointing outcomes that occur in the approval process. If a line is going to be drawn in the sand, I plan to be on the same side as my client.

And you don't pay someone to place you into the correct life insurance product. Someone gets paid based on the life insurance product you select. It doesn't take a genius to realize that a life insurance product requiring less effort and/or more compensation is appealing for someone with a sales quota.