News|Videos|May 12, 2026

What you need to know about insurance

Fact checked by: Todd Shryock, AC Baltz

There are many types of insurance. Which ones are right for you?

Insurance is vital to protect your family and your wealth. But you have to find the balance between having too much insurance and wasting money, and too little insurance that puts your nest egg at risk.

In this episode of Money Matters, Steven Podnos, M.D., CFP, addresses the various types of insurance and how they can help or hurt your wealth plan.

Steven Podnos, M.D., CFP is a fiduciary fee-only planner with HB Wealth. He can be reached at Steve.Podnos@hbwealth.com, or visit HBWealth.com, or call Steve at 321-543-1099.


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