Why It's Important for Homeowners to Insure Themselves

The word “insurance” usually gives people the wrong idea - it’s
either boring or it’s too serious and heavy to handle on a normal
day.


In the property space however, it is more than crucial to have
insurance and today, we learn all there is to know about getting
insured and making sure you have the right one for you!


Craig Bigelow of Via Financial Group joins us as
we tackle insurance for homeowners (and non-homeowners too) - why
you NEED to protect your income, how you can afford to get
insurance, lender’s mortgage insurance (and what it actually
does), and more! 


If you enjoy the show, do like, rate, subscribe, and share it
with others! We have loads of resources available and if you’d
like to chat, email us at support@homebuyeracademy.com.au!


We’ll see you on the inside!


 


Episode Highlights:
Meighan’s featured house for the episode
[02:13] Why do you NEED to have insurance
(homeowner or not)? [04:27] How first home buyers
can afford to insure their income [08:52] Income
protection, trauma, TPD, life insurance & more
[12:05] Poor finance (& no insurance) can lead
to a multitude of stresses [16:38] Is there
something that protects the borrower in a lender’s mortgage
insurance? [20:30] Two types of income protection
insurance [25:24] Getting insurance is not a “set
and forget” strategy [29:26] The cost of buying
too much insurance (or not getting any then needing it)
[33:47] What Craig knows now that he would’ve
wanted to know at the start [39:33]

 


Links from the Show:


Handy tools to help you figure out insurance as a first home
buyer!



 


About our Guest:


Craig Bigelow is the Head of the insurance team
at Via Financial Group, also while providing personal insurance
advice as part of the broader group. He has spent the last 17
years working in the Financial Services space and because he
knows some people may find insurance “boring”, his goal is to
make sure you know what’s important and that you have the right
amount of insurance at all times.


 


If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


See omnystudio.com/listener for privacy information.