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How do you get better value for money from your income protection insurance?

How do you get better value for money from your income protection insurance?

Season 1 Episode 17 Published 7 years, 11 months ago
Description
In this episode I discuss how do you get better value for money from your income protection insurance?
I discuss:
  • the importance of cover
  • the key features of a contract
  • why agreed value is better than indemnity value
  • why I don’t recommend getting cover inside super (be warned)
  • How to select a provider
  • Why “quality” is so important and what quality refers to
  • Some tips to reduce the cost of cover.
If you are an investor, then its likely you need some level of income protection. It is important to ensure you will get what you are paying for i.e. value for money.

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IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

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