What Would Happen If You Couldn't Work Tomorrow?
It’s not pleasant thinking about dying or getting seriously ill, but what happens if terrible things happen to us? We chat with Naomi Greatorex, the Managing Director of insurance broker Heath Protection.
You can book a free consultation with Naomi and her team here:
https://heathprotection.co.uk/making-...
✉️ Summary
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Disclaimer:
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Chapters:
00:00-00:25 - Intro
00:25-03:17 - We insure our pets more than ourselves
03:17-05:19 - The probability of serious illness or death
05:19-08:00 - The types of insurance that can protect you if you get ill or can’t work
08:00-12:42 - Will the insurance actually pay out?
12:42-13:23 - How much life insurance is enough?
13:23-18:21 - How much does life, illness, income cover cost?
18:21-21:15 - How likely is it you’ll need to claim?
21:15- 22:16 - Manual ad
22:16-25:01 - What type of cover do you need?
25:01-26:49 - Are you covered through work?
26:49-29:03 Getting protected when self-employed
29:03-31:56 - How do you make sure you get the right kind of cover?
31:55-32:44 - Vanta ad
32:44-36:46 - Pre-existing conditions
36:46-40:27 - How can you get the best deal?
40:27-44:00 - How is the insurance industry regulated?
44:00-46:45 - How can you reduce the cost?
46:45-49:03 - What happens to life insurance if the beneficiary passes away?
49:03-52:59 - Stats on insurance payouts
52:59-53:39 - Watch this episode next!