Take Charge Of Your Money podcast with Brendan Dale
Season 2, Episode 5 - 11 April 2022
Sponsored by Naked - The new way to insure your stuff
My guest in this episode is Gavin Lewin, Financial Planner CFP, Business Coach, and mentor. A very knowledgeable guy with a passion to simplify and explain some of the more complex terms and concepts in the financial space.
He is known on Twitter as "Uncle G" and you can follow him here @GavinLewin
Book a free introductory chat with Gavin to see how he can help you.
Gavin takes us through how Life Assurance works, who needs, what it means to cede your policy, and some other interesting details.
Main topics discussed:
0:00 Podcast into and thanks to my sponsor
1:18 Introducing Gavin Lewin
3:21 What is Life Insurance?
5:38 Who needs Life Cover?
8:54 What does it mean to cede a policy?
13:20 Auto increasing cover (and premiums)
19:47 Can I, or should I, have multiple policies?
23:12 Can I start a policy for someone else?
26:13 Can I get cash out if I cancel the policy?
27:42 What happens if I miss payments?
29:21 Top tips
Top tips from Gavin Lewin
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PS - this episode was recorder using Riverside - check it out