Life Insurance Explained: The Wealth Secret Nobody Talks About | Esther Sande EP4

CONTACT DETAILS
📞 Book a consultation → https://calendly.com/esther
📧 Email: [email protected]
📍 Based in Canada

In this episode, Esther Sande explains why life insurance is more than protection — it’s a powerful wealth-building foundation. Discover the real purpose of life insurance, the difference between term and permanent coverage, and how you can leverage policies for tax-advantaged growth and financial stability.

Esther breaks down Term vs Whole Life vs Universal Life, explains how dividends work, and shows you how to choose a plan that fits your lifestyle, family, and long-term wealth goals.

If you’ve ever wondered:
“Do I really need life insurance if I’m healthy?”
“What’s the difference between renting and owning insurance?”
“Can life insurance help me build wealth?”
…this video gives you clear answers and practical strategies.

TIMESTAMPS
00:00 — Intro │ Life insurance as the foundation of wealth
00:40 — What life insurance really is: income protection
00:56 — Replacing income, not life — understanding the purpose
01:10 — Three risks to your income: death, critical illness, disability
01:45 — Types of life insurance explained
02:00 — Term life insurance (“renting” coverage)
02:45 — Why term insurance is cheaper short-term but costly long-term
03:30 — How renewals, conversions, and inflation affect term plans
04:45 — Transitioning from renting to owning: permanent coverage
05:10 — What makes permanent life insurance different
06:00 — Savings & tax benefits inside permanent policies
06:45 — Universal Life (UL): flexible, market-linked growth
07:30 — Whole Life: guaranteed protection + potential dividends
08:25 — Participating vs non-participating Whole Life
09:00 — Four keys to a solid permanent plan: safety, growth, leverage, tax efficiency
09:40 — Applying the Rule of 72 and long-term compounding
10:15 — How to use insurance to fund retirement & legacy goals
11:00 — Final thoughts │ Building a financial blueprint with Esther

💡 Subscribe to @EstherSande for weekly financial education and Canadian wealth strategies.