What Happens If Your Income Stops?

What happens if your income suddenly stops — and how long could everything in your life keep going?

In this episode of The Wealth Guide Podcast, the team is joined by Nick Chong from RateSeeker and Ardent Capital, alongside Ricky Regmi and Dean Desoukey, to unpack one of the most overlooked parts of financial planning: personal insurance.

The conversation explores why so many Australians insure their car, home, and contents but often overlook the asset that makes everything else possible — their income. From income protection and life insurance to TPD, trauma cover, default super insurance, and key person insurance for business owners, the team breaks down why cover should not be treated as a set-and-forget product.

They also discuss the common misconceptions people have about insurance inside super, why default cover may not be enough, how affordability and cash flow should be considered, and why getting the right advice can make a major difference when it comes to policy structure, disclosure, and claims.

Whether you have a mortgage, a family, a business, or people financially depending on you, this episode is a reminder that the right question is not simply “Do I have insurance?” — it is “If my income stopped tomorrow, how long could everything continue?”