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Finance OS: The Foundation of Insurance

The Meaningful Money Personal Finance Podcast

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How Much Lump Sum Would Be Needed if You Lost Your Income?

We often have people walking in the door and saying, well, I'm the owner, we need to protect me. But yeah, but what happened? So you have a partner that's looking after the family, the children. It may not be financial, but it'll certainly cost if you've got to replace that person. If your income stopped, how long would you emergency fund help pay towards these things? Yeah. That's the whole point. And this is would be an emergency emergency. This pot of money that you've got against emergencies is going to come into its own.

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