#306: Breaking Down Corporate Insurance With Sonny Ridgewell

Cheap corporate medical insurance is a pitfall, often leaving employees vulnerable and uncovered. Sometimes this is intentional to save money, but other times employers just don’t know any better. Meet Sonny Ridgewell, Managing Director of Beneple, a cloud-based HR software providing a comprehensive suite of insurance broking, consulting, wellness, and business solutions to clients worldwide. As a leading expert in employee healthcare and benefits with over 10 years experience working in UAE insurance, Sonny brings key insights on medical insurance. From the most commonly overlooked insurances, the downside of cheap plans and essential tips for employers who are implementing their medical insurance policy - this is an important episode for anyone concerned with employee wellbeing. 4:04 – Sonny introduces himself and Beneple 7:27 – The significance of medical insurance 10:18 – Downsides of cheap employee insurance plans by companies 17:48 – Discussing insurance from an employee's perspective 21:21 – Scary insurance stories 23:10 – Types of insurance corporates often miss 25:50 – Insurance for business owners 27:49 – Shareholder protection in business partnerships 38:40 – An example of an important but easily overlooked insurance 43:03 – Top 3 tips for employers when planning a medical insurance policy 47:01 – Three things HR must look for when buying medical insurance for employees 49:33 – Tips for shareholder protection when a business owner dies Show Sponsors: IOPN: Shaping the future of the internet with revolutionary blockchain technology rooted in decentralised community ownership https://iopn.io/  Socials: Spencer Lodgehttps://www.instagram.com/spencer.lodge/?hl=en https://www.tiktok.com/@spencer.lodge https://www.linkedin.com/in/spencerlodge/ https://www.youtube.com/c/SpencerLodgeTV https://www.facebook.com/spencerlodgeofficial/  Sonny Ridgewell https://www.instagram.com/sonnydubai/ https://ae.linkedin.com/in/sonnyridgewellinsurance