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Money Girl

644 - 7 Big Insurance Mistakes to Avoid During the COVID Crisis

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.61.8K Ratings

🗓️ 15 July 2020

⏱️ 17 minutes

🧾️ Download transcript

Summary

There's never been a more important time to protect your health, life, property, and business. Avoid these seven critical insurance slipups to reduce your financial risk during the pandemic. Read the transcript. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter for regular updates. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/money-finance/insurance/covid-mistakes https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0

Hey everyone and welcome to the Money Girl Podcast. I'm Laura Adams. I'm an author,

0:10.4

speaker and consumer advocate,

0:12.8

and I've been writing and hosting the show since 2008.

0:16.1

If you're a new listener, welcome.

0:18.2

I am really glad you're here.

0:20.4

This show is for you, so be sure to let me know if you have money questions.

0:25.0

Over the years, I've covered a lot of ground by doing close to 650 shows now,

0:31.0

so there is obviously a ton of information in the archives.

0:34.8

But I also love putting a fresh take on older topics, which is really what I'm doing today.

0:40.8

The coronavirus has upset lives and livelihoods all over the globe and while insurance can't keep you from getting COVID,

0:50.0

having the right types of insurance can definitely reduce your financial risk as the virus spreads.

0:56.0

I don't think there's ever been a better time to protect your health, life, property, and business with the right insurance.

1:04.8

So that's what we're going to be talking about today.

1:07.1

And while I've done many shows about insurance,

1:10.3

this podcast will review seven insurance mistakes that you might be making during the pandemic.

1:16.8

I'm seeing people making a lot of these right now.

1:20.1

You're going to learn how to face new risks and challenges with the help of different types of affordable insurance.

1:26.0

So let's get to it. Here's some detail on each mistake you should avoid to make sure that you and your family stay safe during the

1:34.1

pandemic. Mistake number one is skipping health insurance. This is probably the

1:39.5

biggest no-no. The coronavirus has changed the health insurance landscape in some pretty drastic ways.

1:46.8

If you've become unemployed or you have work hours cut and maybe you've lost that employer-sponsored health insurance that you used to count on,

1:57.0

don't go without coverage at a time when you may need it the most.

...

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