Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

The REAL Reason You Need INSURANCE Today

8 Feb 2025 · 1 min

Watch on YouTube

0:31

A short YouTube monologue by Ndubuisi 'Andy' Egwim arguing for the practical need for life insurance and income protection. Main claim: having life insurance and income protection prevents forced sale of investments if things go wrong. The speaker compares life insurance premiums to car insurance and highlights the irony that people often insure possessions (microwave, watch, car) but neglect insuring their life and income.

Chapters

If you got your life insurance and income protection to make sure that, okay, if things do not go as planned, you're not having to sell your investments. Okay, so life insurance is basically like, okay, you pay some money in terms of the same way you pay a premium for your car insurance. The pay life insurance. It's. Isn't it crazy that some people insure their microwave and ensure their watch and their car, but they don't insure their most important assets, including their life and their, you know, income?