Ep 431: How much life insurance do you need: And when to cut it

Read Full Blog Here Have full cover while you’re young and it’s cheap, then cut it back as your assets grow. Income protection matters most, trauma the least. In this episode I explain how we calculate life, TPD and income protection cover, and why the final step is weighing the premium against what that money could earn if you invested it instead. I also cover: Why we always use stepped premiums rather than level premiumsWhy life and TPD belong inside super and income protection outside itCh...