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Protect your family: Insurance, Wills & Emergency Funds [Part 10 of 11]

Australian Finance Podcast

CHAPTER

Navigating Insurance and Estate Planning

This chapter delves into the complexities of various insurance policies, such as income protection and total and permanent disablement, and the importance of adjusting these coverages based on personal circumstances. It emphasizes the critical nature of understanding waiting periods, maintaining adequate insurance as retirement approaches, and the necessity of having a proper estate plan and will. The discussion highlights how thoughtful financial planning can alleviate emotional burdens for loved ones during difficult times.

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