E10 - Insurance and Estate Planning

In this episode, we discuss how to be fully insured in your life and why estate planning is important. Episode Summary: [00:50] What is protection/insurance? [05:24] Has your building insurance paid out yet? [08:28] How much can you claim on your building insurance? [11:34] What exactly is life insurance? [13:46] Deciding how much life insurance cover you need. [15:16] What stage in life should you get life insurance? [21:05] Do you need life insurance if you don't have any debt? [25:31] Do you have enough to cash to not need to take out insurance? [27:09] Shopping around for the best insurance deal. [30:05] Wills and estate planning. [33:10] Why you shouldn't mix investments with insurance. Twitter: @FinancialSon Email: [email protected]