In For A Penny

From level term to loaded premiums, there is plenty of jargon in the world of protection.

In the third of a series dedicated to the insurance market, Marc Shoffman and Joshua Gerstler discuss the most common protection terms.

Do you know your level term from your indexation?

What is the difference between joint and single-life policies?

Are insurance payouts tax-free?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

In the second of a series dedicated to protection, Marc Shoffman and Joshua Gerstler discuss the insurance application process.

The importance of being honest on your application.

Should you apply for insurance through an adviser or direct?

What documents do you need when applying for life insurance, income protection or critical illness?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

In the first of a series dedicated to protection, Marc Shoffman and Joshua Gerstler discuss the different types of insurance and how it can help you and your family.

What is insurance and why do you need it?

Why you need life insurance?

How income protection can help you?

Is it worth taking out a critical illness policy?

Do you need to cover your life, income and illness?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

Consumers could be paying thousands of pounds more for index-linked insurance products due to companies adding charges to premiums beyond the level of inflation.

Research by personal finance podcast In For A Penny, has revealed insurance companies could be charging more than £11,000 extra in some cases.

The findings are discussed in the latest In For A Penny podcast, featuring insurance industry veteran Roger Edwards.

What is index/inflation linked insurance?

Why do you need it?

How much extra could you be charged?

See some of the startling figures in the table below that shows the difference in premiums with extra charges.

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

Marc Shoffman and Joshua Gerstler meet Accord Mortgages business development manager (BDM) Katie Stephenson to discuss life as a BDM and the benefits of an intermediary-only lender for brokers and borrowers.

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

In the sixth and last of a series dedicated to translating the jargon-filled mortgage process, Marc Shoffman and Joshua Gerstler explain whether to use a broker or go direct when applying for a home loan.

What is the difference between a mortgage broker and using a bank?

How much will mortgage advice cost?

What are the pros and cons of a mortgage broker?

What are the pros and cons of going direct to the bank?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

In the fifth of a series dedicated to translating the jargon-filled mortgage process, Marc Shoffman and Joshua Gerstler explain your options when it comes to choosing a home loan.

Should you get a tracker or fixed rate mortgage?

How long should you fix for?

What fees will you have to pay?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

In the fourth of a series dedicated to translating the jargon-filled mortgage process, Marc Shoffman and Joshua Gerstler explain how to repay your mortgage.

What is the difference between an interest-only and repayment mortgage?

How to decide which one is best for you?

How long should you pay your mortgage for?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

In the third of a series dedicated to translating the jargon-filled mortgage process, Marc Shoffman and Joshua Gerstler explain the importance of a mortgage deposit:

What does loan-to-value mean?

How big should your deposit be?

How to fund a mortgage deposit?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.

In the second of a series dedicated to translating the jargon-filled mortgage process, Marc Shoffman and Joshua Gerstler discuss and dissect the mortgage application process. 

How important is your credit report?

When should you get a mortgage in principle?

How hard is it to get a mortgage?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

• Launch the Apple Podcast app on your smartphone
• Search for the In For A Penny Podcast
• Click on the artwork and tap the reviews tab to leave feedback
• Tap on the stars to leave a rating
• Click send
• You may need to sign in to iTunes to do this

Android devices:

• Download the Podbean app
• Search for the In For A Penny podcast
• Leave a review via the comments tab
• You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1

Support this show http://supporter.acast.com/inforapennypodcast.

Hosted on Acast. See acast.com/privacy for more information.