In this episode of the ifa Show, host Keith Ford is joined by Paul Luu, financial adviser and life insurance specialist at Evalesco and Principal Edge, to unpack the scale and causes of Australia's underinsurance problem.

Paul explains how risk advice fits within a holistic planning framework and outlines the "minimum effective dose" philosophy – structuring just enough cover to meaningfully protect clients and their families without over‑insuring or blowing up the budget.

Tune in to hear:

• Why dedicated risk specialists are increasingly important inside advice practices.
• The real‑world consequences of underinsurance for clients.
• How advisers can reframe the conversation to better connect insurance to long-term legacy outcomes.