The Barefoot Investor has been described as the biggest finance cult! For the most part, Scott Pape's advice is incredible however there are 5 key things he has missed when it comes to personal insurance.
Before you follow Scott's advice around insurance, check out these 5 key gaps and make sure that you make the best decision for you base don all the facts.
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▼▽ VIDEO NOTES:
1:18 - #1 The Cover you are most likely to need
3:45 - #2 No Income Protection Until Kids
5:28 - #3 Don't put all Income Protection through super
7:14 - #4 Plan for the long term, save thousands
9:22 - #5 TPD cover that is easier to claim
"Only protect yourself for the things that will kill you financially" this is the Barefoot Investor Scott Pape's moto when it comes to insurance.
Having lost his home to a fire, Scott is a man who knows first hand the benefits of a solid insurance plan.
As the bestselling author in 2017 selling over 400,000 of his books, theBarefoot Investor has some fantastic advice when it comes to taking control of your finances.
Having helped hundreds of people with structuring and tailoring their personal insurance plans, there are some gaps that the Barefoot Investor hasn't covered that could mean you miss out on a claim that you would be otherwise entitled too.
Check out this video and then make a decision as to whether these things are relevant to you and something that you need to consider.
▼▽ REFERENCES MENTIONED:
Calculator how likely you are to claim - http://bit.ly/1UbcAFa
Question from the reader - https://barefootinvestor.co...
Read Barefoot Investor - https://www.amazon.com/Bare...
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▼▽ IMPORTANT LEGAL INFO:
Any advice in this publication is of a general nature only and has not been tailored to your personal circumstances. Please seek personal advice prior to acting on this information.