Getting insurance right: protection that actually pays

Send us Fan MailInsurance isn't exciting. But losing everything is.In this episode, Josh and Billy keep it real about personal insurance and why it’s one of the most important (and misunderstood) parts of your financial plan. They unpack the different types of cover including life, TPD, trauma and income protection, and explain what they actually do, who needs them, and how much is enough. They also break down how to structure policies inside or outside super, the real risks of default cover, and how to avoid getting caught with junk insurance that won’t pay when it matters.They share personal stories and real client claims that show the power of getting this right. You’ll hear how a well-timed payout can save a family from financial ruin, how trauma cover works when you're still able to work, and why your income is your most valuable asset. Whether you're a parent, business owner, or just starting out, they explain the biggest traps to avoid, how to reduce costs over time, and what to expect if you ever need to claim.If you’ve been putting off sorting your insurance, this is the episode that might change your mind. The best time to get covered is before you need it, and getting it right could be one of the smartest financial decisions you ever make.----Want to find an Adviser that suits your financial needs:https://www.linkwealth.com.au/Get in touch with Josh: https://www.linkwealth.com.au/josh-lee-link Get in touch with Billy:https://www.linkwealth.com.au/billy-norman-linkJosh's TikTok:  https://www.tiktok.com/@joshleefinadv Billy's TikTok:  https://www.tiktok.com/@billynormanfp    Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/wealth-simplified   Our Financial Services + Credit Guide: https://www.linkwealth.com.au/financial-services-and-credit-guide ----    General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.