Life Insurance 101: Which Policy Is Right for You?

Hey Wealth Warriors! 💰
In this episode of Women of Wealth, your hosts Hawley Woods Gray and Allie Ramo dive into one of the most essential - and often misunderstood - topics in finance: life insurance.

If you’ve ever wondered what the difference is between term and permanent life insurance, or how living benefits can protect you long before you pass away, this conversation is your guide. Using their signature “umbrella” analogy, Hawley and Allie break down how each type of policy works, when to use them, and why having both might be the smartest move for building lasting wealth.

They share real-life examples - from Walt Disney and Ray Kroc to Hawley’s own family - illustrating how life insurance can fund dreams, safeguard your health, and protect your legacy. You’ll also hear how policies today go far beyond traditional coverage, offering benefits for critical illness, Alzheimer’s, fertility treatments, and more.

Whether you’re a young professional, parent, or entrepreneur, this episode will help you see life insurance not as an expense...but as an essential tool for freedom, security, and wealth building.

🎧 Tune in to learn:

• The difference between term and permanent life insurance
• How living benefits actually work
• Why some of the world’s greatest entrepreneurs leveraged their life insurance
• The surprising ways parents can use policies for college funding or business startup capital
• How to decide which policy (or combination) is best for you

💬 Ready to explore your options? Connect with the Women of Wealth team for a complimentary legacy and wealth planning session!

For more awesome episodes visit our podcast website at [e-mail]

Got a burning question or a topic you're itching to hear about? Slide into our DMs on Instagram at @Wowwomenofwealth. Now, let's turn those pennies into power moves!