The 4 Types of Insurance Everyone Should Understand

The 4 Types of Insurance Everyone Should Understand

From Reinvent Rich with Irvin Schorsch by Irvin Schorsch

April 16, 2026 · 19 min

About this episode

This episode discusses the four key types of insurance everyone should understand and their importance in financial planning.

When it comes to financial planning, insurance is one of the most overlooked, but most critical, pieces of the puzzle. In this episode, financial planners Andrew and Christopher from Pennsylvania Capital Management break down the four key types of insurance everyone should understand: life insurance, long-term care, disability, and umbrella coverage. They explain how each type works, who actually needs it, and how the right coverage can protect your income, your family, and your long-term wea...

People in this episode

Host: Irvin Schorsch

Guests: Andrew, Christopher

Topics covered

  • insurance
  • financial planning
  • life insurance
  • long-term care
  • disability
  • umbrella coverage

Keywords

  • insurance
  • financial planning
  • life insurance
  • long-term care
  • disability
  • umbrella coverage

Mentioned in this episode

Organizations: Pennsylvania Capital Management

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