What if preparing for the worst is actually one of the most loving things you can do for your family?

In this episode of the Faithful Finance podcast, Emily Stroud and Alison Gengelbach dive into Secret #6: The faithful insure themselves against disaster. 

Through deeply personal stories—Emily's mother's decade-long battle with dementia, her father's heart attack, and her husband's emergency heart surgery—this conversation makes the case that insurance isn't about fear. It's about love, stewardship, and protecting the people you cherish most before a crisis arrives.

Emily breaks down the three pillars of disaster protection: disability insurance (often the most overlooked), life insurance (for both spouses—including stay-at-home parents), and long-term care insurance (the one that can quietly wipe out a lifetime of retirement savings). She explains exactly what Medicare does—and critically, what it doesn't—cover, and why waiting until you "need" insurance is often too late.

The episode closes with a reminder that while earthly insurance protects our finances, there's an even deeper assurance available through faith in Christ—an eternal insurance that provides hope no matter what storms come.

What You'll Learn:
➡️ Why disability insurance is often more critical than life insurance
➡️ How disability can be more financially devastating than death
➡️ When and how to sign up for short-term and long-term disability at work
➡️ The difference between term life and permanent life insurance—and which fits most families
➡️ Why stay-at-home parents absolutely need life insurance too
➡️ How to calculate how much life insurance your family actually needs
➡️ What long-term care insurance covers—and why it matters so much in your 50s and 60s
➡️ Why Medicare does NOT pay for assisted living, nursing homes, or memory care
➡️ How Emily's mother's 11-year dementia journey illustrates the real cost of care
➡️ Why getting insurance when you're young and healthy is always the right move
➡️ How proper planning lets you focus on loved ones—not finances—during a crisis
➡️ The spiritual anchor: faith in Christ as our ultimate "eternal insurance"

Resources:

Download Emily’s free budget worksheet and other practical tools at:
https://faithfulfinance.com/resources

Buy Emily’s Book:

Purchase Faithful Finance by Emily Stroud on her website:
https://faithfulfinance.com/resources/

Support the Show:

✅ Follow or subscribe so you never miss an episode
✍️ Leave a review and share your biggest takeaway
📲 Share this episode with someone who needs encouragement about debt

Connect With Emily:

Facebook: https://www.facebook.com/EmilyGStroud/
Instagram: https://www.instagram.com/emilygstroud/
Threads: https://www.threads.com/@emilygstroud
YouTube: https://www.youtube.com/@faithfulfinancepodcast

Connect With Alison:

Instagram: https://www.instagram.com/amgengelbach/

Credits:

A Faithful Finance production.
Executive Producer: Emily Stroud
Produced by Greatlight Creative: https://www.greatlightcreative.com

Emily G. Stroud, MBA, CFA is a Registered Representative.
Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC to residents of: TX, UT, WV, NY, OK, PA, SC, TN, AR, AZ, GA, ID, IL, KY, MT, and NC. Investment Advisor Representative Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Stroud Financial Management, Inc. are not affiliated. Cambridge and Emily G. Stroud, LLC are also not affiliated. Check the background of this financial professional on FINRA’s BrokerCheck: BrokerCheck.FINRA.org | www.FINRA.org | www.SIPC.org | Form CRS