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heres life insurance explained in 90 seconds using a third grade stick figure all right this is done now he makes 75 000 per year with his job and he has a son named Kingston a daughter named snow once two years old ones eight months so he has a wife named Dana shes 29 years old now they have a mortgage of 600 000 and also a credit card debt of 5 000 a card note of 26 000 and ongoing living expenses of forty thousand dollars now Don gets hit by a truck and he dies unexpectedly extremely sad Dana goes to the funeral director his name is Fred friends with the funeral director says hey its going to cost ten thousand dollars to bury down and shes like what I didnt even know it was this expensive and on top of that you still got the six hundred thousand dollar mortgage you still got the twenty six thousand dollar car and she has to figure out how to replace Dons salary at 75 000 per year but Don was smart before he died he bought a life insurance policy for 750 000 and guess what lif
