Life insurance advice from FMI

<!-- wp:paragraph -->

<p><em><strong>We’ve reached the final instalment of our mini insurance podcast series in partnership with life insurer FMI. </strong></em></p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p>Over the last couple of week I've chatted with, personal finance expert Mapalo Makhu and Brad Toerien of life insurer FMI, in what has been a fascinating series of discussions on life insurance.</p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p>Let’s recap. In our first chat, we talked about the insurance gap: why so many South Africans don’t have enough insurance, and what we as an industry can do to rebuild trust and get people buying the cover they really need.</p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p>Then we talked about taking an Income First approach to insurance, instead of the traditional approach of life insurance, with life cover and lump sum. Bottom line: the most important part of financial planning is protecting your hard-earned monthly income against the risk of any injury, illness, critical illness and death.</p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p>In our third podcast, we talked about the concept of life stages, and how your insurance needs change as you move through life and your responsibilities and priorities change.</p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p>Finally, in our last chat, we talked about insurance fraud – and how actual fraud isn’t the real problem, it’s non-disclosure of important information and over-claiming benefits.</p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p>So in this final episode of the series, we thought we’d sum up what we’ve talked about so far, and touch on a couple of points that have come up in between.</p>

<!-- /wp:paragraph -->

<!-- wp:heading -->

<h2>Listen to Episode 5 below:</h2>

<!-- /wp:heading -->

<!-- wp:html -->

<figure><iframe style="border: none;" title="FMI: Life Insurance podcast series Episode 5 - Life insurance advice from FMI" src="https://www.podbean.com/media/player/vtgaq-ddbf9c?from=usersite&amp;skin=1&amp;share=1&amp;fonts=Helvetica&amp;auto=0&amp;download=1&amp;version=1" width="100%" height="122" scrolling="no" data-name="pb-iframe-player"></iframe></figure>

<!-- /wp:html -->

<!-- wp:paragraph -->

<p><strong>In case you missed the previous episodes:</strong></p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p><a href="https://www.cover.co.za/bridging-the-insurance-gap-2/">Listen to Episode 1: Bridging the insurance gap</a></p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p><a href="https://www.cover.co.za/income-first-the-new-normal/">Listen to Episode 2: Income first, the new normal</a></p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p><a href="https://www.cover.co.za/insurance-through-your-various-life-stages/">Listen to Episode 3: Insurance through your various life stages</a></p>

<!-- /wp:paragraph -->

<!-- wp:paragraph -->

<p><a href="https://www.cover.co.za/insurance-fraud-and-non-disclosure/">Listen to Episode 4: Insurance fraud and non-disclosure</a></p>

<!-- /wp:paragraph -->