We talk about death so you don't have to: A conversation about ERS' Optional Term Life Insurance

Life insurance is important for many families. That's why we want you to know exactly how it can help protect your loved one's financial security. And with Summer Enrollment coming up with the chance to add or change your coverage, it's a good time for us to talk with Securian's Lynn Gordon, who demystifies this complex and important benefit.

Covered in this episode:

• Term life insurance vs. permanent/whole life insurance
• Understanding evidence of insurability (EOI)
• The importance of naming beneficiaries
• Reevaluating the need for coverage as your life and financial situation changes
• What happens with your term life insurance when you retire and the process when you die.
• Resources

lifebenefits.com/plandesign/ers

Chapters

• 2:25 Term life insurance vs. permanent/whole life insurance
• 9:30 Understanding evidence of insurability (EOI)
• 13:44 The importance of naming beneficiaries
• 20:13 Reevaluating the need for coverage as your life and financial situation changes
• 24:14 What happens with your term life insurance when you retire and when you die.
• 39:23 Resources