How did you go with your week 1 challenge? We looked at how to change banks, gave you a rundown of the latest credit card and mortgage rates, as well a helpful article on whether or not you should jump into the home owners market. Hopefully, you are now on your way to financial fitness. Feel the burn!
This week, we’re going to look at insurance. It’s a meaty week as there are so many different things you can be insured for. Let’s take a look at the most common policies:
- Health insurance
- Car insurance
- Home & contents insurance
- Income protection insurance
- Travel insurance
- Business insurance
- Life insurance
There are many more policies that you may not have ever known existed.
For this week, we will cover:
For the sake of efficiency (we only have one week, after all!), we will cover the main policies used by millennials:
Ordinarily, travel insurance ranks pretty high on the list, however, 2021!
So, here’s what you need for this week’s challenge:
- Current product disclosure statement (PDS) for existing policies
- Strong pot of coffee
That’s it. We’ll do all the research for you. Just a bit of reading, some decision making, and week 2 of the challenge is done and dusted.
To start you off, here is a list of insurance policies for a range of different products.
