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14min chapter
What is personal insurance? [Life Insurance Mini Series - Part 1/7]
Australian Finance Podcast
Understanding Personal Insurance
This chapter explores the concept of personal insurance, outlining its distinct types such as life, income, and disability coverage. It emphasizes the protective nature of these policies, contrasting them with general insurance, and discusses the significance of ongoing policy reviews and the role of financial advisors. Additionally, the chapter addresses the nuances of insurance terminology, particularly the preferred use of 'life cover' to foster a more positive perception of insurance.
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