The Insurance Mistake Most Women Don’t Realise They’re Making

Most people see insurance as boring, optional, or something they’ll deal with “later”.
But the truth is, insurance is one of the very few things that can completely change the trajectory of your life, not when things are going well, but when they aren’t.

In this episode of Get Rich, Molly Benjamin is joined by insurance advisor Trish Gregory from Hayes & Co Insurance Services, to break down what insurance actually does, the mistakes people don’t realise they’re making, and the real-life moments where having the right cover makes all the difference.

They unpack income protection, life insurance, total and permanent disability (TPD), and trauma insurance, why so many women are underinsured (even when they earn good money), and why waiting until something goes wrong is often the most expensive mistake of all.

Molly also shares why she only updated her own insurance recently, what she assumed was covered through her super, and the moment she realised she was only protected for two years, not decades.

This is a practical, honest conversation about protecting your income, your future, and your choices, before you need to.

In this episode you'll learn:

• The real difference between life insurance, TPD, trauma, and income protection, and what each one actually covers
• Why so many women are dangerously underinsured, even if they earn “good money”
• The most common insurance mistakes people make, and why fixing them later can cost more
• Real-life examples of when insurance becomes life-changing, not just “nice to have”
• How insurance inside super works, and when it’s not enough on its own
  
• When and how to get insurance set up properly, before health or life changes make it harder

If you want to connect with Trish, Click here - https://directory.ladiesfinanceclub.com/listing/trish-gregory/

 

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The advice shared by Ladies Finance Club is general in nature and does not consider your individual circumstances. Our content is for educational purposes only and should not be relied upon to make financial decisions. If you are considering purchasing a financial product, read the PDS and TMD and seek financial advice tailored to your personal needs. Molly Benjamin and Ladies Finance Club Pty Ltd are authorised representatives of Wattle Partners Pty Ltd, AFSL 383169.

Ladies Finance Club acknowledges the Traditional Owners of the Land on which this podcast was recorded, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples.

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