EP 121

Policy Playbook: Energizing your Insurance Needs

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Inside This Episode

Ready to get the inside scoop on all things insurance? Join our amazing Co-Host, John Kennedy, CFP®, on this episode as he approaches this often-overlooked, but super important topic! John doesn’t just talk the talk—he shares personal stories and professional insights that will have you rethinking your approach to insurance. From life insurance basics to comparing term and whole life policies, he’s got the tips and tricks to help you choose the best plan for you. But that’s not all! John also covers health insurance, disability insurance, and even umbrella insurance. You’ll learn why it’s crucial to audit these policies every year to keep your finances in top shape. Don’t miss out on this comprehensive, yet engaging breakdown of insurance essentials.


Want to take a deeper dive? Set up your Introductory Call with John today!

Three Biggest Insights

  • The Importance of Regularly Auditing Insurance Plans
  • Understanding Health, Disability and Umbrella Insurance in Depth
  • Customization of Insurance Based on Life Stages

Key Takeaways

  • Regularly Audit Your Insurance Policies: Ensure you review and update your insurance plans annually. Life changes, such as income increases and new dependents, mean you need to adjust your coverage accordingly.
  • Understand the Difference Between Term and Whole Life Insurance: Term life insurance offers coverage for a specific period and is typically more affordable, while whole life insurance provides lifelong coverage with a savings component but comes with higher premiums. Assess which type fits your needs best.
  • Customize Insurance Based on Life Stages: Tailor your insurance coverage to match your current responsibilities. As your life evolves, such as having children or changes in income, ensure your policies reflect these changes for adequate protection.