The Insurance Debate: Do You Really Need All That Cover?
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to basket failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from Wish List failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
The Insurance Debate: Do You Really Need All That Cover?
-
Narrated by:
-
By:
About this listen
In this episode of My Money, My Lifestyle, host Maya Fisher-French debates the relevance of insurance and how much is enough with financial planners Henri le Grange and Ben Nel.
Insurance is often viewed with scepticism, and many people question whether it is truly worth the investment. This episode addresses key concerns surrounding life cover, income protection, and critical illness cover, as well as how to avoid a "tick box" approach that leads to clients being overinsured and overpaying for premiums that may not align with their actual needs.
Listeners will also learn about the risks associated with age-rated premiums, which can escalate quickly and become unaffordable as individuals age.
The episode also explores the concept of self-insurance, where individuals accumulate sufficient liquid assets to cover potential liabilities without relying solely on insurance.
A personalised approach ensures that clients are not just sold a product but are guided to make informed decisions that benefit their overall financial health.
This episode is a must-listen for anyone looking to navigate the often confusing world of insurance and personal finance
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.