@chriscobb_chosen: How life insurance really works (in plain English) Everyone says “get life insurance” — here’s how to actually understand it: 1️⃣ Term = lowest cost, biggest coverage (but if you outlive it → no payout)
2️⃣ ROP (Return of Premium) = still term, but ✅ money back if you outlive it
3️⃣ Permanent (Whole Life / IUL) = lasts forever + builds cash value you can access while you’re alive 💰 Which one is “best”?
→ The one you can afford to KEEP long-term. Comment “LIFE” if you want help picking the right type for your family 🙋🏽‍♂️ Follow @chriscobb_chosen for simple money tips.
#lifeinsurance #generationalwealth #money #PersonalFinance #financialliteracy