Finance OS: The Foundation of Insurance
The Meaningful Money Personal Finance Podcast
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The Impact of Loss of Income
The first thing we need to do is quantify the risk. The impact of that loss of income and part of this is a thought experiment, which isn't a lot of fun. So there are two steps essentially to quantifying the risk. And secondly, you need to determine what your baseline expenditure is. We'll just dig into those briefly.
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