The Stacking Benjamins Show

Navigating the Insurance Maze (SB1649)

Feb 26, 2025
Dive into the maze of insurance and ensure your coverage is no joke! Discover the essentials of auto, home, life, and disability policies while avoiding the traps of unnecessary add-ons. Explore the wild world of oddball insurance, and find out which ones are just silly money sinks. Get insights on breaking up with a financial advisor and learn easy DIY moves to take control of your investment accounts. Plus, enjoy some lighthearted banter that makes understanding insurance surprisingly fun!
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ADVICE

Risk Management over Insurance Buying

  • Focus on your biggest risks and how to cover them.
  • Prioritize an emergency fund as your first insurance.
INSIGHT

Think Like an Insurance Company

  • Insurance companies want you to think about coverage first, then risk.
  • Instead, assess your risks, then consider how to mitigate them.
ANECDOTE

Pet Insurance Paradox

  • Pet insurance may not be cost-effective for pet lovers.
  • Frequent vet visits by loving owners often negate any premium savings.
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