When it comes to financial planning, insurance is an important piece of the puzzle. In this episode of If Money Were Easy, Mary Beth and Neela are joined by Mark Maurer, CFP®, President and CEO of Low Load Insurance Services (LLIS), to break down the complexities of disability and life insurance and shed light on what to consider when deciding what plan might be appropriate for you.

They discuss why so many people tend to avoid thinking about insurance, the psychological barriers that can keep people from planning ahead, the potential differences between group and individual insurance policies, and what to consider if you’re self-employed, and more.

With decades of experience in the insurance industry, Mark’s insights offer clarity and professional perspectives that can help you make informed decisions around your own insurance needs. Tune in for a comprehensive overview of the insurance landscape, and actionable tips.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

What You’ll Learn in this Episode:

• Why insurance is essential, even when you hope to never use it
• The differences between group and individual disability policies
• How to identify coverage gaps—especially for high earners and entrepreneurs
• The pros and cons of term vs. permanent life insurance
• What “laddering” your life insurance means—and how it can save you money
• When whole life insurance might actually make sense

Resources Mentioned on the Show:

• Mark’s company: Low Load Insurance Services https://llis.com/

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