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Term Insurance: Why and when do you need it?

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Manage episode 302587875 series 2484638
Content provided by Wizemarkets Analytics Private Limtied. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wizemarkets Analytics Private Limtied or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Episode 41 - Deepak sits down with returning guest Ruchir Kanakia, the founder of the insurance distribution company OneAssure to discuss our favorite insurance product - term insurance.

Summary:
  • How term insurance works for you and the company that sells it to you
  • Debt or Dependents – the two reasons to buy term insurance
  • How Covid and the fact that a handful of reinsurers control everything has made your office insurance a bit less reliable – consider buying a personal one too
  • How much coverage is enough and how much the insurance company will give you
  • Why you should opt for the in person medical test
  • You’re tech or finance savvy but consider getting an agent or distributor if your dependents might not be
  • Common riders and why you should ignore them
  • How the claims process works and benefits of selecting a monthly or yearly premium payment

Click here for the full transcript.

  continue reading

82 episoade

Artwork
iconDistribuie
 
Manage episode 302587875 series 2484638
Content provided by Wizemarkets Analytics Private Limtied. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wizemarkets Analytics Private Limtied or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Episode 41 - Deepak sits down with returning guest Ruchir Kanakia, the founder of the insurance distribution company OneAssure to discuss our favorite insurance product - term insurance.

Summary:
  • How term insurance works for you and the company that sells it to you
  • Debt or Dependents – the two reasons to buy term insurance
  • How Covid and the fact that a handful of reinsurers control everything has made your office insurance a bit less reliable – consider buying a personal one too
  • How much coverage is enough and how much the insurance company will give you
  • Why you should opt for the in person medical test
  • You’re tech or finance savvy but consider getting an agent or distributor if your dependents might not be
  • Common riders and why you should ignore them
  • How the claims process works and benefits of selecting a monthly or yearly premium payment

Click here for the full transcript.

  continue reading

82 episoade

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