In this episode <a href='https://twitter.com/WarrenIngram'>Warren Ingram</a> and <a href='https://x.com/Money__Marx'>Pieter de Villiers</a> discuss the critical aspects of insurance, focusing on disability insurance and life assurance. They emphasize the importance of protecting one's ability to earn an income and ensuring financial security for loved ones in the event of death. The conversation covers the complexities of insurance products, the significance of underwriting, and the need for regular evaluations of insurance needs as life circumstances change. Takeaways<ul><li>Your ability to earn an income is your biggest asset.</li><li>Disability insurance is crucial for financial security.</li><li>Life assurance protects your loved ones from financial burdens.</li><li>Be transparent with your insurance company to avoid claim issues.</li><li>Evaluate your insurance needs regularly as life changes.</li><li>Don't cancel insurance without securing new coverage first.</li><li>Compare insurance quotes carefully to ensure you're getting the best deal.</li><li>Understand the underwriting process to avoid being uninsurable later.</li><li>Insurance through employment can be a valuable resource.</li><li>Consider both income protection and lump sum disability cover.</li></ul>Learn more about 10X Investments today: <a href='https://intermediaries.10x.co.za/'>https://bit.ly/4hiEscG</a><a target="_blank" href="https://www.buzzsprout.com/twilio/text_messages/807923/open_sms">Send us a text</a>Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on<a href='https://twitter.com/HonestMoneyPod'> Twitter</a>,<a href='https://www.linkedin.com/company/honest-money'> LinkedIn</a> and subscribe to our<a href='https://www.youtube.com/channel/UCpvV8y06gG7A3_Ibk15T_FQ'> YouTube</a> channel for more Financial Freedom content:<a href='https://twitter.com/HonestMoneyPod'> @HonestMoneyPod</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

Protect Your Paycheck: The Truth About Disability & Life Insurance

Honest Money

AI Chapters

AI Insights

Reviews