From Yahoo Finance: 2025-05-04 09:19:00

Financial expert Suze Orman challenges common myths around life insurance, urging younger individuals with dependents to prioritize coverage. She emphasizes the importance of having enough insurance to sustain annual income for long-term financial security. Orman advocates for term life insurance due to its essential coverage at a lower cost compared to whole life policies. Workplace life insurance is insufficient, so she recommends individuals secure their own term policy covering at least 20 times their annual income.



Read more at Yahoo Finance: Suze Orman Debunks 4 Common Life Insurance Myths