58. Hedging Your Financial Bets Against Death
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Description
On today’s podcast, we're joined by Insurance Specialist & Financial Adviser Carley Ellis to dive into the financial side of death.  As a topic that isn't often openly talked about, today we have an honest chat about ensuring the cost of death - those around you, and yours - don't lead to having a large impact on your situation, particularly in a time of grieving.   Specifically, we speak about: Why we're not talking about money and death, but need to! What happens to your assets when you pass awayWhy having a will and enduring power of attorney (EPA) is so importantLife insurance: What's the right type, the right amount to insure for, and what parties involved - policy owner vs the insuredHow ACC can help in the case of death by accident and the type of assistance available to the surviving spouse and kidsFunerals – how much do they cost and what are the options?Things to consider and questions to ask when it comes to life insurance and how a financial advisor can help.If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend. SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz
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