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beyond MD with Dr. Yatin Chadha

Critical Illness Insurance with Mehul Gandhi

10 Mar 2022

Description

Yatin Chadha, MD, hosts Mehul Gandhi, CFP, CLU, TEPMehul is a financial planner, tax & estate practitioner, & licensed insurance advisor working out of the lower mainland in BC. He is the host of the Mind Your Biz Podcast, which covers topics for business owners & entrepreneurs.Topics discussed:- what is critical illness (CI) insurance, rationale (6:44)- how much insurance is necessary? (9:50)- is it necessary in Canada? (12:20)- potential impact of CI on family (14:08)- coverage of conditions (15:24)- personal, corporate, vs shared policy ownership (17:25)- return of premium (25:23)- loss of independence (27:30)- policies for children (29:20)- must ask questions (33:25)- retirement: mitigating sequence of returns risk (36:44)- retirement: mitigating longevity risk (42:22)You can listen to the "Mind Your Biz Podcast" by Mehul here: https://open.spotify.com/show/2MXapiWUSNcWUtYH76tYCI?si=3c0b6350982d43d9 Mehul's email: [email protected] free to reach out to me on LinkedIn or email to [email protected]

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