Why People Delay Insurance | Life Insurance, Health Insurance & Business Insurance Explained

In this episode of Business Banking and Beyond, we explain why people delay insurance and how life insurance, health insurance, and business insurance protect your family, wealth, and business from financial disaster.

Most people avoid insurance due to fear, misinformation, or believing it’s unnecessary. This episode breaks down insurance planning explained simply, using real-life stories, practical examples, and expert insights.

We cover life insurance, term insurance, health insurance for NRIs and young professionals, and business insurance for entrepreneurs, helping you understand what coverage you actually need and why underinsurance is risky.

🔍 What you’ll learn in this episode:

• Why people delay insurance and how fear impacts decisions
• How much life insurance coverage you actually need
• Term insurance vs investment plans explained clearly
• Health insurance planning for NRIs & professionals
• Business insurance essentials for entrepreneurs
• How insurance protects wealth, family & cash flow
• Role of AI, technology & advisors in insurance planning

This episode is ideal for NRIs, entrepreneurs, business owners, and working professionals who want clarity on insurance planning, risk management, and financial protection.

Timestamps:
00:00 – Intro
01:00 – Why People Delay Insurance
03:30 – Financial Impact on Families
06:30 – How Much Coverage Do You Need?
10:00 – Term Insurance vs. Investment Plans
13:30 – Health Insurance for NRIs & Young Professionals
17:00 – Business Insurance & Risk Mitigation
21:00 – Real-Life Stories of Insurance Claims
25:00 – AI & Technology in Insurance
28:00 – Rapid-Fire “Pick & Proof” Advice
30:00 – Closing Thoughts & Takeaways

🔔 Like, Comment & Subscribe for more financial planning, insurance advice, and business risk management insights.

Host:   / hemant.katyal  
Guest: Mr. Rajesh Katyal

#insurance#lifeinsurance#healthinsurance#financialplanning#businessinsurance#riskmanagement#terminsurance#wealthprotection#insuranceplanning#insuranceadvice#NRIs#entrepreneurs#insuranceexplained#insurancetips#financialfreedom#protectyourfamily#insurancecoverage#smartinvesting#personalfinance#nri