
098 - Human Capital, Investment Capital
Maven Money Personal Finance Podcast
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The Importance of Insurance
Insurance is not compulsory. Unlike our insurance, you have to have sr. So its optional, absolutely. And certainly because the benefit is so unwonted and intangible. Yet i do not want this. That's key, intangible. The elephant in the room with clients when it comes to insurance is they probably don't think i's going to pay out - which inadvertently means they don't trust insurance companies. Some advisers, and i' put myself in this category, i'm getting pretty dogmatic now with if you're going to become a client of mine, you're gong to have the right insurance in place.
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