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Exploring the benefits of life insurance for Black families

Life insurance can play a powerful role in helping to close the racial wealth gap as a tool that builds generational wealth and legacy. This was highlighted in a recent Essence live conversation with Kristi Rodriguez, senior vice president of Nationwide Retirement Institute®, and Bola Sokunbi, founder and CEO of Clever Girl Finance.  

During the conversation, Rodriguez covered a range of topics around the broader benefits of life insurance, long-term care opportunities, and other insights that may help improve the well-being of Black Americans and their families.  

Watch the engaging conversation above.    

“Wherever you are in your financial journey, start today,” said Rodriguez. “Nationwide is taking a holistic approach to how we are thinking about life insurance from the workplace to the marketplace, but even more specifically, how we’re driving, impacting and creating products and solutions that meet the needs of the Black community.”   

To encourage discussions about life insurance and long-term care costs in retirement, Nationwide’s Health Care/Long-term care Cost Assessment tool provides a meaningful, personalized cost estimate that will help financial professionals and clients plan for future medical and long-term care expenses. 


Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. The Nationwide Retirement Institute is a division of NISC. 

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