Exploring Financial and Social Issues
ACKO, a prominent insurtech company, has launched a new podcast series titled 'ACKtually Speaking with Maddy', hosted by film star and brand ambassador, R Madhavan. This podcast is designed to delve into often unaddressed financial and social challenges that many people face.
The show kicks off with its inaugural episode, featuring a discussion between Madhavan and Varun Dua, examining the gap between the real purpose of life insurance and how it's typically sold. The series promises to be a platform for candid discussions with various industry experts and guests, covering topics that intertwine social relevance with financial implications, such as the impacts of unexpected illness, death, stress, and parenting.
Thought-Provoking Insights and Actionable Advice
'ACKtually Speaking' is set to be a source of thought-provoking and practical insights. It aims to make complex financial topics accessible and understandable, aligning with ACKO's mission to simplify financial decisions and make them transparent and approachable for all Indians.
In the first episode, the conversation challenges the common perception of insurance merely as a tax-saving option that yields returns, repositioning it as a vital tool for securing one’s future. The episode not only explores the technical aspects of life insurance but also addresses the cultural stigmas associated with discussing death and the complications that arise when a family member passes away without a will.
Varun Dua commented on the series, highlighting its objective to demystify the complex and often taboo topics surrounding financial decisions. R Madhavan added that the series encourages open inquiries and discussions, offering a judgment-free zone for exploring sensitive topics. He emphasized the series' commitment to answering tricky questions in an authentic manner, starting with the often misunderstood topic of life insurance.
The episode further touches on the differences between Western and Indian views on death planning, typical errors Indians make when buying insurance, and the importance of not treating insurance as an investment. It also provides advice on how to accurately determine life insurance needs and points out the financial risks many Indians in their 30s face due to poor planning.
With each episode, 'ACKtually Speaking' aims to provide useful insights and actionable advice in an engaging and accessible manner. The series is available on ACKO’s YouTube channel, inviting viewers to gain valuable knowledge that can significantly impact their financial and social well-being.
