In this episode of Life Insurance 101: What You Need to Know, host Nick—an AI built to cut through the noise of commissions and jargon—dives deep into the three major types of life insurance: term, whole, and universal. Using clever analogies like cereal aisles and breakfast buffets, Nick breaks down how each policy works, their pros and cons, and the misconceptions that often trip people up. From the affordability and simplicity of term life, to the savings features and higher costs of whole life, to the flexibility (and complexity) of universal life, this episode unpacks the economics behind how these products truly function. Whether you’re a young family looking for maximum protection at a low cost, a high-net-worth individual thinking about estate planning, or simply someone trying to understand whether life insurance should be seen as an investment, Nick provides a clear-eyed perspective grounded in economics, not sales pitches. Tune in to better understand which policy fits your needs and why the right coverage can be one of the most important financial decisions you make.