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Optimal Finance Daily - Financial Independence and Money Advice

2111: 4 Types of Insurance You Should Consider by Kalen Bruce

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 24 November 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Kalen Bruce of Money Mini Blog shares 4 types of insurance you should consider Episode 2111: 4 Types of Insurance You Should Consider by Kalen Bruce Kalen Bruce is the founder of MoneyMiniBlog. His story is simple… he and his wife were $24,000 in debt and became a student of finances to get out. They are now debt-free and building wealth. Kalen shares everything he has learned on his blog, writing informative, entertaining, mini blogs to help you with your finances. Finances can be intimidating, so he keeps his posts short, sweet, and simple. The original post is located here: https://moneyminiblog.com/insurance/types-of-insurance/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily, Episode 2111.

0:04.7

Four types of insurance you should consider by Kaelin Bruce of MoneyMiniBlog.com and

0:11.0

I'm your host and personal finance enthusiast, Diana Mariam.

0:14.8

We're going to jump right into our next post and start optimizing your life.

0:23.8

Four types of insurance you should consider by Kaelin Bruce of MoneyMiniBlog.com.

0:30.9

No matter how careful you are in life, there are certain things that you just can't control.

0:36.2

This is the reason why people invest in affordable and comprehensive insurance plans to protect

0:41.4

themselves and their families.

0:43.6

However, there are still a large number of people who have a different opinion and think

0:48.2

that insurance is just a plain waste of money.

0:51.6

You may have your reasons not to invest in an insurance plan.

0:55.1

However, if you think about the concept with an open mind, then you can clearly see the

0:59.7

merit.

1:00.8

For better understanding, let's take a look at some of the most popular and most recommended

1:05.6

insurance coverages.

1:08.1

Number 1.

1:09.1

Health Insurance Health insurance is easily one of the most popular

1:13.4

forms of personal insurance and for good reason.

1:16.8

This is because good healthcare has become more expensive than ever and there are a number

1:21.2

of studies that project a dramatic rise in chronic disease costs and the increased risk

1:26.8

of acquiring these diseases in the first place.

1:30.2

Some people argue that they don't need health insurance if they're eligible for coverage

...

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