How does term life insurance work? Life insurance is generally pretty complicated. Term life insurance is the simplest kind of life insurance, but there are a few things to be aware of. I've seen too many individuals get bad advice on their life insurance because it benefitted the insurance agent. Life insurance shouldn't be a zero-sum game, and you shouldn't have heartache when buying life insurance. In this podcast, learn some of the basics of the two primary types of term life insurance, their pros and cons, and what to look out for when reviewing or purchasing a policy.