Income protection Explained (chat with advisor Jason Hugo)

Passive Income Doctor · Jan 1, 2025 · 33m

Personal insurances often something put in the 'too hard' basket, but to kick of the new year- good time to reflect and review. In this episode with Bluerock insurance advisor Jason Hugo, we explore:

• when should you consider getting insurance (tip: easier to get when younger/healthier)

•differences with income protection, TPD, trauma insurances

• level vs stepped premiums, breakeven points

•insurance changes since October 2021

•agreed value vs indemnity value

•cancer diagnoses being common event for claims

•case studies

•is there such a thing as over-insurance?

Other resources/links…