EP. 119 - Insurance Expert: You’re Taking A Major Risk With Your HEALTH If You Don't Do This..! ft. Emmanuel Jones

Joining us back in the booth is life & health insurance expert, Emmanuel Jones aka Ejay.

In this episode we discuss:

• The key benefits of health insurance, income protection & critical illness cover
• The importance of checking benefits you get with your employer
• Should you get health/critical illness insurance if you have it through work?
• Health insurance vs critical illness cover vs income protection
• Typical costs for health insurance & critical illness cover
• Insurance companies really wanting to pay out money to you
• The most importance insurance to protect yourself
• The importance of financial literacy at schools
• What is life insurance in a trust and why you would do this and much more!

Connect with Ejay on Instagram here -https://www.instagram.com/ejay_diamond1

Connect with Ejay on TikTok here -https://www.tiktok.com/@moneysavingdad

Follow me on: 

• Instagram - https://www.instagram.com/savvywallet
• Tiktok - https://www.tiktok.com/@savvywallet

Check out: https://www.youtube.com/savvywallet for the video version

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TIMESTAMPS

00:00 - Preview

01:20 - Intro

01:55 - Meet Life & Health Insurance expert Ejay

06:37 - If your employer is giving you health insurance take it!

09:13 - Going private vs going to the NHS

14:24 - Car insurance vs health insurance

15:02 - Two types of health insurance…!

18:19 - If you only have one income, listen to this!

21:40 - What’s the difference between health & critical illness insurance ?

25:54 - Should you get health/critical illness insurance, if your employer provides it?

30:20 - If you can’t work what happens to your business?

33:21 - What’s the typical cost of health insurance per month?

36:33 - What is income protection?

43:34 - What’s the typical cost of income protection per month?

46:01 - Income protection vs critical illness cover?

47:50 - Insurance companies want to pay you out!

51:21 - What is life insurance?

53:02 - The state pension is a legal ponzi scheme?

58:06 - What is whole of life insurance?

01:01:05 - What is Life insurance in a trust?

01:04:51 - Financial literacy taught at private primary school!

01:07:31 - What insurance is the most important to get?

01:10:11 - Some providers will penalise you if you have same family conditions

01:13:44 - Final words

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