Podcasts about umbrella insurance

Aaron Spitzner examines risk for those with Dementia and the potential impacts on their financial health, Jeff Kowal joins to share the best things about retirement, Aaron touches on gift tax reminders, and wraps up the show with frequently asked questions on Umbrella Insurance.

Listener Q&A where Andy talks about: What it means between an advisor who calls themself a financial planner vs wealth manager vs any other label they choose to use ( 10:24 )My thoughts on the recently repealed Windfall Elimination Provision ("WEP") and Government Pension Offset ("GPO") parts of Social Security ( 20:35 )A follow up to a previously discussed Q&A topic about how much umbrella insurance to purchase ( 31:18 )How income is taxed to a recently deceased person vs their heirs or their estate ( 37:08 )How best to gift money to grandchildren to get them started with saving and investing ( 42:10 )Understanding a bond or bond fund's "duration" and how to use it measure the bond or bond fund's interest rate price change risk. And what it means to have a recommended "holding period" for a bond fund ( 46:45 )To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.comMy company newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com

Listener Q&A where Andy talks about: What's the difference between index mutual funds and index ETFs, and why choose one over the other ( 6:32 )Is a three-fund index fund portfolio reasonable for someone in the decumulation phase of life ( 17:04 )What's the difference between a "rollover" and "traditional" IRA ( 20:54 )How much of your net worth should you cover with umbrella insurance ( 24:32 )What should someone do about a pre-tax employer plan they don't really need if they're only in their 60s and still a few years away from Required Minimum Distributions ( 33:17 )What to consider when deciding whether to roll an old employer 403(b) into a new employer's 403(b) or to an IRA ( 36:30 )What tax prep courses are there for individuals to learn about doing their own taxes ( 39:13 )Discussion of "bullet" maturity bond funds/ETFs ( 42:30 )To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.comMy company newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com

Wouldn't it be cheaper just to buy another umbrella? Nope, not that kind of umbrella insurance. We get more from Moneytracker Don Grant.

In this episode of the Long Game podcast, Thomas Kopelman and Jacob Turner dive into the often-overlooked topic of umbrella insurance coverage. Aimed primarily at high net worth individuals and those on their way, the discussion highlights the critical importance of understanding this type of insurance and how it can serve as a safety net in the face of unforeseen circumstances. Here are three key takeaways from this episode that you won't want to miss: What is Umbrella Insurance and Why You Need It: Umbrella insurance acts as an additional layer of protection on top of your existing auto and homeowners insurance. It's designed to cover you in the event of a major liability claim, which can be financially devastating. We discuss a real-life scenario where a car accident could lead to a $3 million payout, and how umbrella insurance can help mitigate that risk. If you have assets to protect, this coverage is essential! Affordability vs. Value: Many people assume that comprehensive insurance coverage comes with a hefty price tag. However, we break down the costs and reveal that umbrella insurance can be surprisingly affordable—often ranging from $150 to $500 a year per million in coverage. When you consider the potential financial ruin from a single lawsuit, this investment is a no-brainer! Understanding Exclusions and Risks: Not all umbrella policies are created equal. It's vital to understand the nuances of your policy, including any exclusions that may apply. We share a cautionary tale about a client whose umbrella policy didn't cover a dog bite incident because the breed was excluded. Always consult with your insurance professional to clarify what your policy covers and what it doesn't. In this episode, we aim to explain umbrella insurance and empower you with the knowledge to make informed decisions about your financial protection.

At what net worth should you begin a financial plan? Nate and Ben tackle this critical question, along with other financial challenges faced by physician families, including investment opportunities, insurance needs, and managing unexpected financial situations. Drawing on real-life conversations with physicians, they provide practical insights into making informed financial decisions.Key Takeaways:1. Investing in Medical Office Buildings:A physician is considering investing in the medical office building where they practice. Nate and Ben discuss the importance of scrutinizing financial statements, understanding the risks, and evaluating whether this investment aligns with long-term financial goals.2.Umbrella Insurance for Added Protection:A psychiatrist asks about umbrella insurance, and the hosts explain how this additional liability coverage can protect assets in case of lawsuits. They recommend having coverage that matches one's net worth and discuss the peace of mind it provides.3. Financial Planning Regardless of Net Worth:Nate and Ben emphasize that you don't need to have a high net worth to start a financial plan. Even those with significant student loans or low net worth should develop a strategy to manage debt and build financial security.4. Should You Buy a Vacation Home?The hosts dive into the pros and cons of purchasing a second home. They discuss how to weigh this decision against your broader financial objectives and whether a vacation property makes sense as a long-term investment.5. Job Loss and Retirement Savings:How can unexpected job loss affect your retirement savings? Nate and Ben offer advice on maintaining an emergency fund, pausing contributions temporarily, and planning for future retirement savings when your situation stabilizes.6. Tax Strategies for Retirement:The episode covers tax-saving opportunities, like deferring taxes through 401(k)s and cash balance plans. The hosts explain why it's essential to consider tax implications when withdrawing funds in retirement, to maximize your savings and minimize tax burdens.Actionable Advice:- Get Personalized Financial Advice:For tailored financial guidance that suits your needs, visit www.physicianfamily.com to connect with a professional advisor.- Have a Question?Send your questions to podcast@physicianfamily.com or call 503-308-8733, and your query might be featured in a future episode!Resources Mentioned:- The Overtaxed Doctor's Retirement Investing Checklist:Are you getting all the tax breaks you deserve? Download your checklist here to ensure you're maximizing your opportunities.Disclaimer:Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

KSN attorney Omar Malik and Greg Rosenthal (Partner at BKS Partners/Rosenthal Brothers) discuss navigating community insurance for your condo, homeowner (HOA), and townhome associations in a tough market. They address the different types of community association insurance coverage including, property, liability, directors and officer (D&O). They will also review board member responsibilities and best practices (64 mins.)

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2855: Jeff Rose's article on GoodFinancialCents.com reveals how an umbrella insurance policy, often misconceived as a luxury for the wealthy, offers essential financial protection by covering gaps left by standard policies. He explains its affordable premiums and extensive coverage, urging readers to consider this policy to safeguard their assets against unforeseen liabilities. Read along with the original article(s) here: https://www.goodfinancialcents.com/personal-umbrella-insurance-policies-protection/ Quotes to ponder: "Umbrella insurance policies cover the gaps left by your existing insurance coverage." "The modest annual premium for a substantial coverage amount is a small price for peace of mind and financial security." "In navigating the unpredictable avenues of life, especially in a litigious society, having a cushion against unforeseen liabilities is wise." Episode references: Investopedia on Umbrella Insurance: https://www.investopedia.com/terms/u/umbrella-insurance-policy.asp Insurance Information Institute: https://www.iii.org Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2855: Jeff Rose's article on GoodFinancialCents.com reveals how an umbrella insurance policy, often misconceived as a luxury for the wealthy, offers essential financial protection by covering gaps left by standard policies. He explains its affordable premiums and extensive coverage, urging readers to consider this policy to safeguard their assets against unforeseen liabilities. Read along with the original article(s) here: https://www.goodfinancialcents.com/personal-umbrella-insurance-policies-protection/ Quotes to ponder: "Umbrella insurance policies cover the gaps left by your existing insurance coverage." "The modest annual premium for a substantial coverage amount is a small price for peace of mind and financial security." "In navigating the unpredictable avenues of life, especially in a litigious society, having a cushion against unforeseen liabilities is wise." Episode references: Investopedia on Umbrella Insurance: https://www.investopedia.com/terms/u/umbrella-insurance-policy.asp Insurance Information Institute: https://www.iii.org Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2855: Jeff Rose's article on GoodFinancialCents.com reveals how an umbrella insurance policy, often misconceived as a luxury for the wealthy, offers essential financial protection by covering gaps left by standard policies. He explains its affordable premiums and extensive coverage, urging readers to consider this policy to safeguard their assets against unforeseen liabilities. Read along with the original article(s) here: https://www.goodfinancialcents.com/personal-umbrella-insurance-policies-protection/ Quotes to ponder: "Umbrella insurance policies cover the gaps left by your existing insurance coverage." "The modest annual premium for a substantial coverage amount is a small price for peace of mind and financial security." "In navigating the unpredictable avenues of life, especially in a litigious society, having a cushion against unforeseen liabilities is wise." Episode references: Investopedia on Umbrella Insurance: https://www.investopedia.com/terms/u/umbrella-insurance-policy.asp Insurance Information Institute: https://www.iii.org Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, choosing the right phone plan could save you up to $1500 a year. Clark introduces our new Phone Plan Finder tool to help you cut through the confusion and make that choice much easier. Then Clark discusses a great new retirement savings option for part-time and self-employed workers. Also - It's vital to understand your liability risks and insure accordingly, which for many, includes umbrella insurance. New Roth Options: Segment 1 Ask Clark: Segment 2 Liability Insurance: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Phone Plan Finder – Find the Best Plan For You - Clark.com Changes in Retirement Savings Rules to Know Before Year's End - WSJ 6% of Your Paycheck Is Becoming the New Standard for 401(k) Saving The 3 Biggest Mistakes You Can Make With Your 401(k) The 401(k) Rollover Mistake That Costs Retirement Savers Billions - WSJ 401(k) Rollover: How To Roll Over a 401(k) (Clark.com) What Is a SEP IRA and Who Is Eligible? What Is a SIMPLE IRA and How Does It Work? Certificate of Deposit (CD): What Is It, Best Places To Open One What Is a Roth 401(k) and How Does It Work? Rollovers From a 529 Plan to Roth IRA: What to Know Umbrella Insurance Covers Worst-Case Scenarios. There Are Now More of Them. - WSJ What Is Umbrella Insurance and Do You Need It? (Clark.com) 6 Things To Know Before Contacting the National Foundation for Credit Counseling Why Clark Says You Should ‘Ignore' Paze as Trendy New Payment Option Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Declining CPI opens door to lower interest rates Inflation concerns are falling as the July Consumer Price Index (CPI) showed an increase of 2.9% compared to last year, this would mark the lowest reading since March 2021. Core CPI, which excludes food and energy was also positive as it came in at 3.2% which would mark the lowest reading since April 2021. Areas that continued to put upward pressure on inflation included food away from home (+4.1%), electricity (+4.9%), and motor vehicle insurance (+18.6%). Other areas that used to be problematic have now reversed course and are benefitting the inflation report. This includes used cars and trucks (-10.9%) and new vehicles (-1.0%). Shelter continues to be the heavyweight in the report as the category increased 5.1% compared to last year and accounted for over 70% of the increase in core CPI. If shelter was stripped out, CPI would have increased just 1.7% compared to last year. I believe we'll continue to see further progress on inflation as we end the year.   Retail sales data shows people are still spending money Data points continued to come in favorably for the Fed this week as retail sales increased 1.0% compared to last month. This easily topped the estimate of 0.3%. Looking compared to last year, retail sales were up a healthy 2.7%. Nonstore retailers continued to see strong growth with a 6.7% gain compared to last year and while growth has slowed, food services and drinking places still showed good growth of 3.4%. It appears both electronics and appliance stores and building material & garden equipment & supplies dealers have bottomed with gains of 5.2% and 0.4% respectively. This is the first time I remember seeing a positive gain in building material & garden equipment & supplies dealers in a long time. Furniture & home furnishing stores did remain a drag on the report as sales declined 2.4% compared to last year. Overall, I believe this was a great report considering we are seeing inflation slow and the consumer is still willing to spend. The soft landing many have wondered about is looking more and more possible with reports like this.   Are separately managed funds best for you? At Wilsey Asset Management, we manage all our accounts separately and have done that now for over 30 years. What that means is our clients actually hold the securities in their portfolio versus buying shares in a mutual fund or ETF. This trend seems to be taking hold with other brokers as asset growth for separately managed accounts (SMAs) has been 30% over the past two years. SMA's are now at $2.4 trillion in assets in professionally managed accounts. This compares to $4.3 trillion in mutual funds and $1.9 trillion in ETF's. These managed accounts will generally use an outside money manager and it will not be quite as individualized as people would prefer. One thing to understand is the fees considering you are likely paying you're an advisor/broker a fee and then an additional fee to the SMA manager. Often times this strategy can cause confusion for the investor as well, sometimes we have seen this strategy produce 50 to 100 positions which can also be a nightmare to get out of. Lastly if you have questions on why certain positions are in the portfolio you will not be able to call and talk to the person making those investment decisions and you'll be stuck with a pre-scripted response from the broker. Be sure to ask your broker/advisor many questions if they are advising SMAs as it may sound better than it really is.   Financial Planning: When to get Umbrella Insurance Both home and auto policies contain liability coverage, which pays in case you are sued for damaging property or if you are responsible for hurting someone.  An example could be someone slipping on your driveway, but more commonly it is due to a bad car accident.  An umbrella policy adds extra liability coverage that kicks in after the home and auto liability is exhausted.  In recent years, litigation across the board has been rising, but also inflation has increased the cost of medical bills and auto repairs.  This in turn has resulted in more umbrella claims as costs are more likely to exceed the coverage on home and auto polices alone.  As a result, insurance carriers have increased premiums on umbrella policies (as well as home and auto policies) and have been more likely to deny umbrella coverage increases or coverage all together.  Even with these cost increases, it is still relatively affordable at a few hundred dollars per year, so if you are underinsured you should consider purchasing a policy.  Umbrella coverage comes in increments of $1 million, and the rule of thumb is to carry insurance equal to your net worth.  However, this can be excessive in some circumstances as assets like qualified retirement accounts and home equity have some protection against lawsuits. Generally speaking, if your net worth is over a million, you should have an umbrella policy, and depending on your net worth, the types of assets you own, and your exposure to liability, you may need to carry higher amounts of coverage.  The last thing you need after building a nest egg is for an unexpected lawsuit to take all your assets and put you back to square one.   Companies Discussed: JB Hunt Transport Services (JBHT), Mobileye (MBLY), Ulta Beauty (ULTA)

In this episode, Ryan Burklo discusses the importance of protection in the form of property and casualty insurance. He highlights how these insurance policies often overlook the individual's net worth and income. Ryan explains the significance of umbrella insurance policies that provide additional liability coverage beyond the standard auto and home insurance policies. He also emphasizes the need to consider high-value items and schedule them on the home insurance policy. Lastly, Ryan suggests creating a video inventory of personal belongings to simplify the claims process in case of a disaster. Takeaways Protection of income is often overlooked but is crucial for maintaining lifestyle, goals, and dreams. Umbrella insurance policies provide additional liability coverage beyond standard auto and home insurance policies. Consider scheduling high-value items on the home insurance policy to ensure proper coverage. Create a video inventory of personal belongings to simplify the claims process in case of a disaster. Chapters 00:00 The Importance of Protecting Your Income 01:27 Understanding Umbrella Insurance Policies 05:05 Scheduling High-Value Items on Home Insurance 07:02 Creating a Video Inventory for Claims

On this episode, Donna and Nathan discuss umbrella insurance, and how to reinforce responsible use of credit cards with adult children. Also on MoneyTalk, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 8/1/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!See omnystudio.com/listener for privacy information.

Many Americans who have added umbrella insurance to their existing policies are paying more as it kicks in more often. Wall Street Journal personal-finance reporter Veronica Dagher joins host J.R. Whalen to explain what it covers and ways to rein in the cost. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Accidents happen. They just do. Your foot slips and you press the gas pedal when you meant to brake. Your child hits a line drive through a neighbor's window during baseball practice.Your dog panics and bites a stranger.The question is: are you adequately prepared to handle these situations - specifically the economic consequences of these situations - when and if they occur?Hi, I'm John Gigliello, CERTIFIED FINANCIAL PLANNER™ with the Albany Financial Group and you're listening to Invest in Knowledge, a podcast about all things financial. After a life-altering health issue at age 39, my calling in life became clear: To share my knowledge of personal finance with PEOPLE who are looking to make smart and responsible choices with their money. Only through education, action and accountability can YOU build the confidence and security YOU need to live a SATISFYING life.Today I am going to talk about umbrella insurance and how it differs from the other insurances for which you likely already pay.What Is Umbrella Insurance?Umbrella insurance provides “excess liability insurance,” simply meaning additional coverage, beyond the liability insurance you already have in your auto, homeowners and/or watercraft insurance policies. Umbrella insurance kicks in for expensive situations where medical bills and/or repairs exceed what auto, homeowners or boat insurance policies will pay.Umbrella insurance is a good way to buy extra coverage to protect your assets. You can think of it as asset protection because it can prevent you from losing your assets while trying to pay for a lawsuit judgment against you.

In this episode we answer emails from Scott, Midas, and Neil.  We discuss national debt apocalypse theories, the misuse and cherry-picking involved in bad data analyses and umbrella insurance.And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.Additional links:Reinhardt & Rogoff Book:  This Time Is Different: Eight Centuries of Financial Folly by Carmen M. Reinhart | GoodreadsMoney For The Rest of Us National Debt Masterclass:  National Debt Master Class Part 1/3 | Money for The Rest of UsSecurity Analysis Podcast with Yours Truly:  Frank Vasquez: Risk Parity Investing Part 2 (securityanalysis.org)Portfolio Charts "Ingredients" Article:  Three Secret Ingredients of the Most Efficient Portfolios – Portfolio ChartsLong Term Treasuries vs. Stock Market 1981-2010:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Umbrella Insurance:  What Is Umbrella Insurance Policy? Definition and If You Need It (investopedia.com)Support the Show.

Umbrella insurance is an important component of a comprehensive insurance portfolio. It provides an extra layer of liability coverage, protecting you from the financial consequences of lawsuits and potentially saving your assets.

Today, we're delving into a crucial topic as part five of our series on healthcare professionals – protecting your assets and your family.Amy explains that protection isn't just about insurance, although that's a significant part of it. It encompasses various forms of insurance like life insurance, disability insurance, long-term care insurance, and more. For healthcare professionals, malpractice insurance is also a critical component.Amy then explains the different types of accounts where your money is held, and the varying levels of protection they offer. Amy emphasizes that under the Employee Retirement Income Security Act (ERISA), employer-sponsored retirement plans, such as 401(k)s, enjoy robust protection against creditors, even in bankruptcy situations. State rules come into play for IRAs, and their protection can differ significantly, so understanding your state's regulations is vital.The discussion then touches on IRAs, and Amy explains that while they have some federal bankruptcy protection, there's a cap on this protection, which can vary depending on factors like inflation adjustments. If you're transferring assets from a 401(k) to an IRA, the key is not to commingle rollover assets with contributions, maintaining the federal protection.The conversation shifts to traditional insurance types like life insurance and disability insurance. Amy distinguishes between term and permanent life insurance, highlighting that term insurance is cost-effective for temporary needs, while permanent insurance is more expensive and intended to last a lifetime.On the topic of disability insurance, Amy stresses the importance for healthcare professionals, as the risk of disabilities affecting their ability to work is substantial. She also points out that disability insurance can become more expensive with age, and it's statistically more expensive for women.Really, employees in any field (even podcast production) can face financial challenges if they become unable to work, emphasizing the need for disability insurance.  Protecting your assets also involves considering long-term care insurance, ideally by age 60. Planning early is key, given the time required to assess care needs and preferences. Amy advises evaluating other assets that could cover these expenses and whether competing interests, like leaving assets to family members, affect your choices.We finish up with malpractice insurance, which is crucial for healthcare professionals, and the significance of umbrella insurance to protect against potential liability claims, especially for high-income individuals. For more, reach Thimbleberry Financial 503-610-6510  or at https://thimbleberryfinancial.com/

Chief Investment Officer Troy Harmon, CFA, CVA, Managing Associate Melanie Wells, CFP®, and Associate Clay Norman, CFP®, explain that insurance is the foundation of a solid financial strategy, providing protection and peace of mind in the face of unexpected events that could otherwise undermine one's financial stability. Read the Article: https://www.henssler.com/lifes-unexpected-twists-why-insurance-is-a-cornerstone-of-your-plan  

Henssler Money Talks – September 30, 2023Season 37, Episode 39This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate Melanie Wells, CFP®, and Associate Clay Norman, CFP®, to New Home Sales, the Conference Board Consumer Confidence reading and the final estimate for second-quarter GDP. Melanie and Clay explain why insurance is the foundation of a solid financial strategy, providing protection and peace of mind in the face of unexpected events that could otherwise undermine one's financial stability. The hosts round out the show by answering a listener's question on investing their windfall into their children's 529 Plan. Timestamps and Chapters00:00 Market Roundup: Covering September 25 – September 27, 202326:04 Case Study: Insurance is Your Plan's Safety Net36:02 Q&A Time: Should we deposit $70,000 into our children's 529 Plan? Follow Henssler:  Facebook: http://bit.ly/HensslerFacebook  Twitter: http://bit.ly/HensslerTwitter  LinkedIn: http://bit.ly/HensslerLinkedIn  Instagram: https://www.instagram.com/hensslerfinancial/YouTube: http://bit.ly/HensslerYouTube   “Money Talks” is brought to you by Henssler Financial. Sign up for the Money Talks Newsletter: https://www.henssler.com/newsletters/ 

Host Mark Levine of NYC Property Management company EBMG sits with Ed Mackoul of Mackoul Risk Solutions to go over a variety of insurance related topics. Email the show! nycrealestatepodcast@gmail.com. Topics covered on today's show include umbrella insurance increases, renewal quotes, renewal requirements, open violations issues and more. Please reach out to Ed Mackoul via email at ejmackoul@mackoul.com or visit their website at www.mackoul.com. Mackoul Risk Solutions currently handles over 1,500 community associations. Mark Levine can be reached directly at 212-335-2723 x.201 or via corporate email at mblevine@ebmg.com.

On this episode of A Wiser Retirement™ Podcast, Casey Smith is joined by guest Randy Hargett, CLTC, who is a Long-Term Care Specialist at Capstone LTC Advisors, to talk about how you can confidently secure your future and protect your family's wealth against potential catastrophic events. They will also help you determine whether you should buy long-term care insurance.  They talk about the complexities of long-term care insurance, discussing who could reap the most benefits from it and how to determine if it's the ideal choice for you. They also mention the various types of policies available, including the increasingly popular hybrid policies. They also go over maintaining a fund for long-term care expenses and how your income and assets can significantly influence these important decisions. Podcast Episode Referenced:- Ep 126: How can insurance protect your wealth?- Ep 146: The Power of Life Insurance to Meet Your Family's GoalsYoutube Videos Referenced:- Long-Term Care Insurance ExplainedDownload Our eBook: "Buyer Beware: Why do they keep trying to sell you that annuity?"Click here to schedule a consultation with one of our financial advisors.Connect With Us:Our WebsiteYouTubeFacebookLinkedInInstagramTwitterPodcastBlog This podcast was produced by Wiser Wealth Management. Thanks for listening!

KSN attorney Michael Kreibich reviews the different types of community association insurance including property, liability, umbrella, and director/officer coverage. While sharing best practices for board members and property managers, he also discusses how insurance coverage is impacted by legal requirements, governing documents, and more. (18 mins.)

Is there a net worth number at which you would suggest purchasing umbrella insurance? Have a money question? Email us here Subscribe to Jill on Money LIVE YouTube: @jillonmoney Instagram: @jillonmoney Twitter: @jillonmoney "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

As a business owner, there are lots of important decisions you make to guarantee your company's long-term success. But if insurance isn't one of those decisions, then you're not doing enough. While it may not be the most exciting topic, it's vital to protect your assets and provide peace of mind for both your employees and customers. In this episode of Profit Cleaners, the Brandons delve into the world of insurance for cleaning businesses and share their insights on the different types of coverage available. From general liability to umbrella policies, they discuss why it's important to work with an experienced insurance broker who can provide competitive offers and ensure accurate reporting. Tune in now and learn more about how insurance can benefit your business and how to create a professional image that instills confidence in your customers.EARNINGS DISCLAIMER:Profit Cleaners does not claim or guarantee income or success in any way. Examples shown on Profit Cleaners training, resources or sales materials are not an indication of your future success or earnings. You should not assume that you will achieve the same or similar results achieved by Brandon Condrey | Brandon Schoen or any of our customers. Your results will be determined by many factors, including but not limited to, work ethic, ability to learn, previous experience, business network and market conditions.Highlights:(01:26)Types of Insurance Needed for Business Owners  (05:26)Insurance Mistake and Audit  (08:17) Maximizing Profit by Shopping for Insurance Brokers (12:12)Commercial Auto vs. Personal Auto Insurance(15:10) Benefits of Building a Professional Cleaning Business With Insurance and Systems(20:00)The Importance of Umbrella Insurance for Business Owners(22:40)Importance of Insurance and Asset Protection for Business GrowthLinks:For questions, reach out to hello@proficleaners.comWebsite: Profit CleanersFacebook:Profit Cleaners - FacebookCourse:How to Create a Thriving Cleaning Business in 8 Weeks

Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com) See the Thousands of Success Stories and Millionaires That Clay Clark Has Coached to Success HERE: https://www.thrivetimeshow.com/testimonials/ Learn More About How Clay Has Taught Doctor Joe Lai And His Team Orthodontic Team How to Achieve Massive Success Today At: www.KLOrtho.com Learn How to Grow Your Business Full THROTTLE NOW!!! Learn How to Turn Your Ideas Into A REAL Successful Company + Learn How Clay Clark Coached Bob Healy Into the Success Of His www.GrillBlazer.com Products   Learn More About the Grill Blazer Product Today At: www.GrillBlazer.com Learn More About the Actual Client Success Stories Referenced In Today's Video Including: www.ShawHomes.com www.SteveCurrington.com www.TheGarageBA.com www.TipTopK9.com Learn More About How Clay Clark Has Helped Roy Coggeshall to TRIPLE the Size of His Businesses for Less Money That It Costs to Even Hire One Full-Time Minimum Wage Employee Today At: www.ThrivetimeShow.com To Learn More About Roy Coggeshall And His Real Businesses Today Visit: https://TheGarageBA.com/ https://RCAutospecialists.com/ Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com) See the Thousands of Success Stories and Millionaires That Clay Clark Has Coached to Success HERE: https://www.thrivetimeshow.com/testimonials/ Learn More About Attending the Highest Rated and Most Reviewed Business Workshops On the Planet Hosted by Clay Clark In Tulsa, Oklahoma HERE: https://www.thrivetimeshow.com/business-conferences/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/  

Think umbrellas just protect you from the weather? Think again! Tune into this week's episode on umbrella insurance coverage - learn what is and isn't covered by umbrella insurance, a few rules of thumb to calculate how much you need, where to get it, and how much you should expect to pay!   Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next Money Move on Instagram Your Next Money Move on Twitter Derek Lawson on LinkedIn Trent Porter on LinkedIn

This week, we're getting you up to speed with everything you need to know about general liability and umbrella insurance policies. Find out what exactly these policies cover, how much coverage you might need, and how they work when a claim is filed.  Topics we cover in this episode include:Why contractors need general liability and umbrella policiesWhat general liability coverage and rates are based on How your insurance company handles a claimUmbrella and excess policiesHow the size and net worth of your company should be factored into the coverage you getCurrent trends in general liability and umbrella premiumsLINKSVisit the episode page at https://contractorsuccessforum.com/umbrella for more details and a transcript of the show.Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forum FIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.com

This week, we're getting you up to speed with everything you need to know about general liability and umbrella insurance policies. Find out what exactly these policies cover, how much coverage you might need, and how they work when a claim is filed.  Topics we cover in this episode include:Why contractors need general liability and umbrella policiesWhat general liability coverage and rates are based on How your insurance company handles a claimUmbrella and excess policiesHow the size and net worth of your company should be factored into the coverage you getCurrent trends in general liability and umbrella premiumsLINKSVisit the episode page at https://contractorsuccessforum.com/umbrella for more details and a transcript of the show.Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forum Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

In this episode of Ready for Retirement, James discusses umbrella insurance coverage and how much you need.Questions Answered: How should I think about an Umbrella Insurance Policy (how much)?Understanding how much defense (risk management) is neededHow can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 2:30 - Umbrella Insurance 1013:25 - Home/Auto Policies5:04 - Insurance Policies Examples8:50 - Net Worth Value10:03 - State Exemptions13:58 - How Much?!16:33 - Two Examples19:05 - Working With UsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️ Get Started Here.

In this episode with Ian Gutterman we talk: - The basics of Homeowners, Renters, Auto, and Umbrella Insurance - What you need to know about each - What they cover and why they are needed - Mistakes people make/don't think about with each

Join our resident Business Ninja Kelsey, together with the IT Director of Rollo Insurance, Daniel Horn, as they talk about everything you need to know about insurance. When it comes to your insurance policy, there's a lot you need to know. There's a lot you need to ask your insurance agent. For example- what is the difference between term life insurance vs whole life insurance? What percentage of the population has Auto Loan Life Insurance? Why should you purchase umbrella insurance versus business owner's insurance? At Rollo Insurance Group, they take the time with their customers because your coverage is more than just about numbers on an application- its about protecting what matters most to you. They're available online or in person at one of their 53 locations in Texas, Utah, Georgia, New Mexico, Tennessee, Arkansas, and Missouri.Learn more about them and visit their website todayat https://www.rolloinsurance.com/-----Do you want to be interviewed for your business? Schedule time with us, and we'll create a podcast like this for your business:  https://www.WriteForMe.io/-----https://www.facebook.com/writeforme.iohttps://www.instagram.com/writeforme.io/https://twitter.com/writeformeiohttps://www.linkedin.com/company/writ...Want to be interviewed on our Business Ninjas podcast? Schedule time with us now, and we'll make it happen right away! Check out WriteForMe, more than just a Content Agency! See the Faces Behind The Voices on our YouTube Channel!

Join Money Matters:  Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.   On this week's Money Matters, Scott and Pat provide optimism, and explain why 2023 is NOT the time to throw out your long-term financial plan. Then they help a Louisiana woman decide how much umbrella insurance she needs. You'll hear whether they approve of an annuity a California man is invested in. Finally, help for a Colorado caller who wants to know where he should invest the proceeds from the sale of his home.

Mike Ballew of Eggstack shares the case for and against umbrella insurance Episode 2144: The Case For and Against Umbrella Insurance by Mike Ballew Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps others navigate their personal finances and plan for retirement. The original post is located here: https://eggstack.com/blog/2022-07-03-The-Case-For-and-Against-Umbrella-Insurance/   Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Ballew of Eggstack shares the case for and against umbrella insurance Episode 2144: The Case For and Against Umbrella Insurance by Mike Ballew Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps others navigate their personal finances and plan for retirement. The original post is located here: https://eggstack.com/blog/2022-07-03-The-Case-For-and-Against-Umbrella-Insurance/   Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Ballew of Eggstack shares the case for and against umbrella insurance Episode 2144: The Case For and Against Umbrella Insurance by Mike Ballew Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps others navigate their personal finances and plan for retirement. The original post is located here: https://eggstack.com/blog/2022-07-03-The-Case-For-and-Against-Umbrella-Insurance/   Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we'll discuss the commercial umbrella market and excess liability coverage.

On this episode of A Wiser Retirement Podcast, Casey Smith is joined by Randy Hargett, owner of Capstone LTC Advisors. Randy was a guest on episode 16 of our podcast back in 2020. He has a wealth of knowledge about long term care insurance and is a RamseyTrusted Provider for the Dave Ramsey show. He is joining us to talk about how insurance can be used to protect your wealth, long term care insurance, and life insurance.Podcast Episodes Referenced:Episode 16: Long-Term Care with Randy HargettYouTube Videos Referenced:Long Term Care Insurance ExplainedWhat is Umbrella Insurance?Download Our Guide: "7 Steps to Leave a Financial Legacy"Connect With Us:Our WebsiteYouTubeFacebookLinkedInInstagramTwitterPodcastBlog

In today's episode of Ritter on real estate we sit down with Garrett Sutton. Garrett is an attorney/best-selling author and one of Robert Kiyosaki's Rich Dad's Advisors. Garrett has over 35 years of experience assisting individuals and businesses in limiting their liability, protecting their assets, and implementing advantageous corporate structures. Garrett is the author of start your own Corporation, loopholes of Real Estate, Writing Business Plans, Buying and Selling a Business, and his most recent book Veil Not Fail.Garrett is the owner and operator of Corporate Direct and Sutton Law Center, since 1990 has provided clients from around the world with asset protection and corporate formation and maintenance services. Welcome to the show, Garrett! Key Points From The Episode: Garrett's upbringing, going to business and Law School.Getting to work with Robert Kiyosaki riding 8 books in the Rich Dad series.How Garrett became a Rich Dad Advisor.Defining asset protection -  think about litigation.Don't hold properties in your own name.Garrett explains inside and outside attacks to LLCs.The best states to hold LLCs in.Umbrella Insurance in why it's important.Why you're holding company should be in Wyoming.Garrett's new book Veil Not Fail. Corporate formalities and why they are important.How to choose the right entity for your real estate business.Why  C-corps and land trusts aren't good for owning real estate.Using LLC's for syndication/passive investors.Books Mentioned: Rich Dad, Poor Dad by Robert Kiyosaki & Veil Not Fail by Garrett Sutton, ESQ. 

Umbrella Insurance is Only Obligated After Underlying Insurance is Exhausted Anthony DeSmet appealed from the summary judgment granted to Scottsdale Insurance Company on his claim alleging that Scottsdale had acted in bad faith in refusing to fulfill its responsibilities under the excess uninsured-motorist coverage in its umbrella policy. In Anthony Clarence Desmet v. Scottsdale Insurance Company, No. 21-6143, (D.C. No. 5:20-CV-00330-J) (W.D. Okla.), United States Court of Appeals, Tenth Circuit (June 24, 2022) the Tenth Circuit was called Upon to Determine if an Umbrella Policy that provided excess uninsured motorist coverage was auto insurance. Scottsdale, in its motion for summary judgment, invoked a provision in its policy that excused it from liability until DeSmet exhausted his uninsured-motorist coverage under his primary motor-vehicle liability policies. The USDC for the Western District of Oklahoma held that the exhaustion provision in Scottsdale's policy was valid and enforceable and that even if it was not, Scottsdale's reliance on the provision was not in bad faith. BACKGROUND On March 5, 2018, DeSmet suffered severe bodily injuries when his vehicle was rear-ended by a vehicle driven by William Akehurst. Akehurst's only automobile-liability coverage was a policy issued by State Farm Mutual Automobile Insurance Company, which promptly paid its $50,000 policy limit. This was insufficient to fully cover DeSmet's damages. If the liability limits of a motor vehicle are less than the amount of the injured insured's claim, that vehicle is classified as uninsured. Such tortfeasor drivers are commonly referred to as underinsured motorists. At the time of the accident, DeSmet had three separate motor-vehicle liability policies covering several motor vehicles. Each policy provided $500,000 in uninsured/underinsured motorist coverage. In addition, DeSmet had an umbrella policy with Scottsdale. An umbrella policy is a type of "excess insurance policy." Excess coverage is provided when, under the terms of the policy, the insurer is liable for a loss only after any primary coverage-other insurance-has been exhausted. The Scottsdale policy provided $2 million in excess liability coverage to supplement coverage provided in DeSmet's automobile-liability and home-owner's policies. An endorsement in the policy stated: It is expressly agreed that liability shall attach to [Scottsdale] only after the insurers of the "underlying insurance" have paid or have been held liable to pay (whether collectible or not) the full amount of their respective uninsured motorists and/or underinsured motorists liability[.] The term underlying insurance referred to existing motor vehicle liability policies carried by DeSmet that were listed in the Scottsdale policy's Declarations. Unhappy with the handling of his claim by one of his motor-vehicle liability insurers, DeSmet requested that Scottsdale "step down" and pay the claim itself. Scottsdale responded that per the terms of the policy, Scottsdale would pay only after the underlying insurance limits wexhausted. DeSmet filed a petition in Oklahoma state court on March 3, 2020, alleging that Scottsdale's conduct surrounding its refusal to pay amounted to a breach of its implied duty of good faith and fair dealing. The suit DeSmet filed included the following statement: At the time he sued DeSmet had received no payment on the uninsured/underinsured-motorist provisions of any of its three automobile-liability policies. --- Support this podcast: https://anchor.fm/barry-zalma/support

How your family spends money is almost certainly different from the typical U.S. household. Today's Stocks & Topics: Recession, Elon Musk, Inflation, Mortgages, Jobless Claims, IBM - International Business Machines Corp., X - United States Steel Corp., Umbrella Insurance, TECK - Teck Resources Ltd. Cl B, INMD - InMode Ltd., DOOR - Masonite International Corp., Cannabis Sector, ATER - Aterian Inc., Stock Splits, NVDA - NVIDIA Corp. TRIVIA QUESTION: 'Tax Day' has been set as April 15 since... which YEAR? And-- in which YEAR was federal income tax FIRST introduced here in the U.S.?Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Learn the differences between revocable and irrevocable trusts here: https://creativeplanning.com/education/podcast/revocable-trusts-vs-irrevocable-trusts/A Matter of Trust, hosted by Creative Planning Attorneys Annie Rogers and Christina Knopke, is a thoughtful, informed discussion about ideas, trends and developments in estate planning. Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us at podcasts@creativeplanning.com

Learn the differences between revocable and irrevocable trusts here: https://creativeplanning.com/education/podcast/revocable-trusts-vs-irrevocable-trusts/A Matter of Trust, hosted by Creative Planning Attorneys Annie Rogers and Christina Knopke, is a thoughtful, informed discussion about ideas, trends and developments in estate planning. Our mission is to educate and inspire people to make better financial choices through knowledge, tools and strategies that ensure a more prosperous future.Important Legal Disclosure: http://bit.ly/2DC250bHave questions or topic suggestions? Email us at podcasts@creativeplanning.com

Intro: Today is a winning mindsets episode - we're going to be discussing some of the concepts taught in a world famous book called Rich Dad Poor Dad by Robert Kiyosaki. Book came out in 1997 - concepts are timeless 25 years later. He really forces people to think differently about money and Lance and I wanted to discuss some of the concepts taught in this book with you, our listeners today. Book is about Robert's 2 fathers growing up - and how they taught him to think about money. Real (poor) dad - was a teacher Father of his best friend (rich dad) Lots of background to this story - but there are some key takeaways (6) from the book that we feel are super important: The rich don't work for money: The Poor and middle class work for money. The rich have money to work for them. -What is meant by this? Rich buy assets that generate income for them. Assets: Stocks, Real Estate, Businesses These assets generate money for them - sometimes actively, sometimes passively. Rich people will dedicate their time and energy to acquiring as many assets as they can - so that their money is working for them. Eventually their money works for them, they don't work for money. 2. Why teach financial literacy (Cash flow of rich vs poor) Run through cash flow of poor/middle class Work at job - money goes towards expenses Expenses: taxes, food, rent/mortgage, clothes, fun, transportation Run through the cash flow of a rich person Assets that they own generate income Takeaway: You need to buy assets that generate income ASAP to get ahead. Those can be businesses, stocks, real estate, etc…. 3. Mind your own business People that go to school for law become lawyers People that go to school to study cooking become chefs People confuse their profession with their business Their business is not where they work, it has to do with what's in their asset column. These are things generating income: Businesses that don't require my presence Stocks Bonds Mutual funds/etfs Income generating real estate Royalties from intellectual property such as music/patents Anything else that has value and produces income and appreciates and has a ready market. Another interesting concept in the “mind your own business” chapter is that robert says most people should not start their own business. They should work a job and mind their business. And when they start putting money into their business - don't take any money out… let it compound upon itself. That's how the rich get richer. 4. The history of taxes and the power of corporations In summary - Robert is trying to convey how important it is to understand the tax code. People that do own businesses have the ability to take advantage of writing off a lot of their everyday expenses. Cell Phone Internet Car expenses / Mileage Office supplies Educational Courses Professional services fees (accountant / lawyer) When you own a corporation you earn, spend, then pay taxes When you work for corporations - you earn, pay taxes, then spend Big difference is that you're paying tax on what's leftover after expenses when you're a business. 5.

Josh:  This is Josh Tirado. And on this episode of making smart decisions, we are going to touch on umbrella insurance. So let me dive into the ever-exciting fun world of property and casualty insurance said no one ever. Auto insurance, homeowners, insurance,  renter's insurance. These are things that are necessities.[00:01:54]And oftentimes people overlook umbrella insurance. So let me just quickly touch on this because this might actually be the coolest, most useful insurance item that you don't have or never heard of.  Umbrella insurance,  the reason I call it that is it's an umbrella of protection over you.[00:02:09] It's a personal liability insurance policy for protection. And this comes into play. Let's say someone is injured at your home. Let's say you're in a car accident, someone's injured and somebody wants to Sue you there. There are certain limits and they're very low limits on your homeowners on your auto policy.[00:02:27] And they're suing you personally. So this personal liability protection kicks in and covers you in case of an unfortunate incident that requires someone taking legal action against you. Now that being said, the reason I think underutilized is it provides a great value for $1 million of coverage.[00:02:46] Most companies charge under $300 for the year. oftentimes some around $200, you can get a million dollars of liability coverage for the year. And I think that is that's an outstanding value and many people do not have it. And I have this coverage. As a matter of fact, there was a period of time when I was recommending this to every one of my clients.[00:03:06] And it got to the point where my clients were so aggravated that their insurance person had not recommended this, that they came back to me and asked if I could sell it to them. I said, no, I don't do property and casualty, but it did lead to a thought where I did take on a partner. And we started a property and casualty insurance agency.[00:03:25]We started one week. We grew it and we sold it. So despite the fact that my, my practice as a financial advisor is what I enjoy the most. And that's why I've continued with it for 20 plus years. There was a period in time where I did have a partner and we also did insurance. So I'm pretty well versed in property and casualty.[00:03:44]And trust me on the umbrella thing. It is very useful.  Here are the common triggers and the people that most likely should look into it. If you have children, especially if you have children and you have a pool or a trampoline, because if you have children and your children have friends and people are playing, oftentimes somebody can get hurt.[00:04:02] Trampoline just increases that risk and a pool, whether your children or not exponentially increases that risk. So if you have a pool, trampoline, or children, umbrella insurance is a very good idea. If you have teenage or early twenties drivers in your household. So someone who just got their license up to say the early to mid-twenties, who's driving and still lives at home, or is on your policy.[00:04:25] Very oftentimes there when leading causes of accidents and they're one of the leading causes of lawsuits stemming from those accidents, and this can help cover you and your household as well.  Young drivers. Children a pool, a trampoline. And then lastly, I'm going to say a business owner depending on your business structure, you can have some liability protection and coverage there, but there's no law stopping people from attempting to Sue you personally, as well as professionally.[00:04:52] And having this coverage in place it is a really nice backstop that has a really nice safety net. So again, children, business owners, or just extra peace of mind for anybody out there for a very small amount for the year can provide a lot of coverage. So my recommendation is that most, if not all people at least look into getting umbrella coverage, if not securing it, because I think it's a real value, especially in this society today.[00:05:18] That is as litigious as we are. 

When is the last time you reviewed your homeowners and auto insurance? For most people, the answer is when you initially purchased your home or car and even then you bought just enough to get the deal done. This week we've brought back special guest and Founding Partner of Momentum Risk Management, Sylvia K. Alston, to explain why quality property and casualty insurance is the real MVP--and how to get quality coverage for low cost.

If you're looking for affordable umbrella insurance policies in Glendale, California, check out the plans offered by Brightway Insurance (1-818-616-7876). Learn more by visiting https://www.brightway.com (https://www.brightway.com)

#moneytalks #financialwisdom For more info check out https://www.jossbrown.com/ or call (757) 903 - 2127

How many times do you pick up your smartphone each day? Surprising statistics about how much we're engrossed in these devices, and something else to think about. // Both Androids & iPhones are being invaded by various types of malicious apps. 10 million got hit with fake charges on their cell phone bills. Learn the number 1 way to know a rogue app is lurking & how to protect yourself from this growing type of spyware. Ask Clark topics include: What Is a 403(b) / Umbrella Insurance / 401(k) Rollover / How To Find and Choose a Financial Advisor / How to Protect Your Phone Against a SIM Swap Attack | WIRED / CDARS® has been renamed IntraFi Network Deposits. / Clark Deals 2021 Sweepstakes Want more money advice? Sign up for Clark's free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Brightway, The JT Agency (+1-818-616-7876) provides personalized coverage even when your existing policies don't have your back. Want to learn more? Go to: https://www.brightway.com (https://www.brightway.com)

In this episode of Wine and Dime, we continue with Septembers topic of insurance. In this episode we cover other types of liability insurance, and do a deep dive on Umbrella Insurance! What Is Umbrella Insurance?https://www.investopedia.com/terms/u/umbrella-insurance-policy.asp (Umbrella insurance )is a type of personal liability insurance that can be indispensable when you find yourself liable for a claim larger than your https://www.investopedia.com/terms/h/homeowners-insurance.asp (homeowner's insurance) or auto insurance will cover. If you own a boat, umbrella insurance will also pick up where your watercraft's liability insurance leaves off. Thanks for listening and be sure to like, rate, subscribe and share. If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.com Wine Suggestion of Weekhttps://pointofthebluffvineyards.com/product/2019-rooftop-reds-blaufrankisch (2019 Rooftop Reds Blaufränkisch)Wine Profile A full bodied red with subtle cherry wood, leather and floral notes on the nose. Soft plum and juicy blueberries on the palate. Delivers a round mouth feel with gentle tannins. Vineyard Notes Simmons Vineyard, Keuka Lake, New York Production Notes Fermented with the skins on, pressed dry. 1 ton picking bins, pushed down twice daily, vinified 15 months in French oak. 304 cases made

  Are you and your family prepared for the worst-case scenario? Are your home and vehicles properly covered with your insurance plans? If you have any doubt in your mind - this is the episode for you! Join me as I welcome back Matt Dzubin for the third and final week as our returning guest. In our conversation, Matt and I explore the topic of Umbrella Insurance and so much more!  Matt has over 20 years of experience in the insurance industry and currently works as a Sales Executive at Roland Dumont Agency in South Windsor, Connecticut. Pay close attention, Matt has some valuable insights that you don't want to miss!  You will want to hear this episode if you are interested in... Paying the right amount of insurance for home and auto [1:10] Understanding and avoiding higher insurance rates [4:30] Umbrella insurance [6:00]  Closing thoughts [11:45] Make it a habit  Let's face it, most people don't enjoy having to go get the oil in their cars changed their annual trip to get their taxes done, or do many other important but mundane tasks. Responsible and wise individuals take these chores and make them habits. While you may never fully enjoy reviewing your insurance policy each year, the truth is, you should! Not only will it save you money, but it will keep you in the habit of paying attention to your finances. Make sure to tune in to this episode as Matt and I expand on this important topic and so much more!  Umbrella insurance  If you've stayed on top of your insurance policies as they've changed over the years - what more can you do? Is there a way to fill the gaps between your insurance policies for home and auto? According to Matt, the best option for many savvy men and women is to consider using Umbrella Insurance.  Umbrella insurance is a type of personal liability insurance that can be crucial when you find yourself liable for a claim larger than your homeowner's insurance or auto insurance will cover. If you own a boat, umbrella insurance will also pick up where your watercraft's liability insurance leaves off. To learn more about protecting your hard-earned property, make sure to listen to this episode with Matt!  Resources mentioned Matt's email: Mdzubin[at]dumontagency.com  Matt's phone: 860-933-0963 Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact

Friendly Guy Insurance did not get their name by accident, in fact James' Freeman reputation precedes him. Although the Two Mortgage Guys are skilled in loans for your home, we learned a thing or two from James Freeman of Friendly Guys Insurance who proudly has many years of experience under his belt. We tackle frequently asks questions such as, "How can Covid affect my insurance?" "What on earth is Umbrella Insurance and how can it help me?" and the most important question, "How can I save money on insurance?!" Believe us when we say that helping people is the name of the game with James. Tune in to find out not only the answer to these questions,  but take a look inside the face behind Friendly Guy Insurance. How to contact James Freeman:Phone: (951) 403-3533Toll Free: (855) 602-7370Email: james@friendlyguyinsurance.comhttps://www.friendlyguyinsurance.com/Be sure to Follow on Social Media and subscribe on YouTube!

The way we get goods and what's available, has come full circle. We've become conditioned to the wide availability of goods. Yeah we're going to have to get over that. One result is a win win if it catches on: Ford is trying to change how we buy new vehicles in the U.S. Clark explains. . // Do you have proper coverage? If you've got assets, don't ignore what Clark calls the “success tax” - one of the most overlooked forms of insurance. Ask Clark topics include: How To Improve Your Credit Score by 100 Points in 30 Days / Fidelity Investments Review 2021: Pros & Cons / Lemonade Insurance Review: How It Works, Coverage Options / Automatic Bill Pay: How It Works and How to Do It Safely Want more money advice? Sign up for Clark's free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Listen to how ordinary people built extraordinary wealth - and how you can too. You'll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Christy Wright, Rachel Cruze, Anthony ONeal and John Delony.

Cal Commercial Insurance offers the affordable restaurant insurance packages you need for your San Juan Capistrano restaurant- call 818-924-2054 today to find out more! More information can be found at https://www.calcommercialinsurance.com/insurance-services (https://www.calcommercialinsurance.com/insurance-services)

As a physician assistant, you are likely very familiar with common types of insurances such as medical insurance, home and auto insurance, and malpractice insurance. But did you know that you should be assessing your situation to determine whether or not you should also be getting disability insurance, life insurance, and even umbrella insurance? For some, these types of insurances that are discussed in this episode can be just as critical to have as the other types of common insurances.    Website with blog posts: pathefiway.com Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/ Join the private Facebook group only for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway  Like the Facebook page to follow along: https://www.facebook.com/pathefiway Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway     

As a physician assistant, you are likely very familiar with common types of insurances such as medical insurance, home and auto insurance, and malpractice insurance. But did you know that you should be assessing your situation to determine whether or not you should also be getting disability insurance, life insurance, and even umbrella insurance? For some, these types of insurances that are discussed in this episode can be just as critical to have as the other types of common insurances. Website with blog posts: pathefiway.com Follow along on Instagram: @pathefiway https://www.instagram.com/pathefiway/ Join the private Facebook group only for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway Like the Facebook page to follow along: https://www.facebook.com/pathefiway Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway

In this week’s case study, Chief Investment Officer Troy Harmon, CFA, CVA, Justin Wagner, AIF® Head of Commercial Transformation and special guest Keith Palmer of Henssler Norton Insurance provide advice for households that have increased liability risk because of teenage drivers, social media, dogs, and pools. 

https://www.biggerpockets.com/blog/llc-vs-umbrella-insurance

Hello and welcome back to the podcast. Today we’ll be talking about umbrella insurance. I’m sure you’re familiar with auto insurance, home insurance, health insurance, maybe even travel insurance. But you may be wondering why on earth you would need to insure an umbrella. Well umbrella insurance doesn’t really insure umbrellas. It gets its name because it offers extra protection and sits on over of other insurance coverages you already have. Umbrella insurance is also called excess liability or personal liability insurance. It’s there to protect you from the financial fallout of a really a large claim or lawsuit. For example, if you unintentionally cause a car accident, or someone is hurt on your property and the claims are higher than your auto or homeowner’s insurance coverage, umbrella insurance begins to pay after your other insurance is exhausted.Why is this important? An umbrella policy protects your existing personal assets (what you own) and even future assets like wages from being taken away to pay the cost of losing a lawsuit over a car accident or an accident on your property. Lose a lawsuit like that and you could have to pay the winning party for medical expenses, legal costs, and lost wages, which can become really expensive really fast. You don't have to be wealthy to benefit from an umbrella policy. Even if you don't own much now your wages could still be garnished. Now, if you are young, you don’t own a home, and don’t have much savings, you may not need umbrella insurance. The auto and renter’s insurance you have may be adequate to cover you. But the more you have (or the more someone thinks you will earn), the more you can lose, and the more likely you are to be the target of a lawsuit. WHAT you have or HOW you live your life may also increase your chances of being sued. Like having a swimming pool or trampoline. If you have pets that could cause injury like dogs, horses or other large animals. Do you like to host large parties at your house? Drive during rush hour, when drivers are more likely to get into an accident. Coach youth sports?If you own rental property you are also at higher risk and should have umbrella insurance. Your personal umbrella policy CAN provide you liability protection for accidents at rental property too. But you have to be sure it is included. For example, my umbrella policy will cover up to four rental properties before I need a commercial liability policy. Ask specifically what is covered when shopping around.How does umbrella insurance work? An umbrella policy provides excess coverage above and beyond what your homeowners and auto insurance policies provide. Let's say your auto policy pays up to $300,000 of medical expenses per accident and your umbrella policy is for $1 million. If you are sued for $900,000 because of a car accident, your auto insurance would pay $300,000 and your umbrella policy would pay the remaining $600,000. Your legal expenses are covered as well. Umbrella policies usually provide $1 to $5 million of extra coverage. You choose the amount of coverage. One million dollars of coverage typically costs $150 to $300 per year. When you shop for an umbrella policy, the insurer will require you to have a specific amount of liability coverage in your existing auto and homeowners’ policies. Remember umbrella insurance sits above you other insurance, it doesn’t replace it. It will only pay after you regular insurance has paid. Know those base requirements and increase your auto and homeowner liability limits if necessary. You may get a better price buying your umbrella insurance from the same company you have your home and auto insurance with, though its not required to be with the same company. Now, umbrella insurance won’t cover your own injuries or damage to your own property. Your health insurance is for your medical expenses. Your homeowner’s insurance would cover your property from l

Podcast Episode Thirty-One: Personal Umbrella Insurance by Ty Kashmiry

When it rains, you need an umbrella for protection. You also need umbrella insurance to protect you from above policy limits litigation. Find out more in this episode of the Finance Flash Go podcast! Umbrella insurance is insurance that covers any and every claim that could go against you and exceed your policy limits. It's like an umbrella in that way. So, let's say that your car insurance has a bodily damage limit of $250,000 like mine. And you get in an accident and someone sues you for injuries for $500,000. If there was a successful judgement against me, my umbrella insurance would cover the extra $250,000. Same with a malpractice or home-based suit that exceeds your limits. It's actually kind of rare to have a suit against you, even a malpractice suit as a physician, that exceeds your policy limits. But umbrella insurance is so cheap that I recommend getting it. For instance, I have a $5 million umbrella policy for $395/year. Please enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to financeflashgo@gmail.com, and please be sure to check out Jordan Frey's blog prudentplasticsurgeon.com where he gives great financial advice. A brief disclaimer While we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner's responsibility to due their due diligence before making important financial decisions. We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!

Grab a copy of our book, “Financial Residency: Without the Long Hours and Sleepless Nights”. Build your own financial plan for the price of a book! www.financialresidency.com/book     This episode is brought to you by Physician Wealth Services, my fee-only financial planning firm. Get the help you need with the professionals who know what it’s like to be in a physician family. www.financialresidency.com/pws   

A question I get all the time: Should I start with an umbrella policy or an LLC? I wanted to ask Jeremy Goodrich, one of the principals of Shine Insurance his expert advice.   Two different ways to do the same exact thing: LLC is a key piece when you are investing in more than 5 units Umbrella insurance is additional liability insurance  If you have a large portfolio, umbrella insurance would add millions of coverage How to balance the LLC structure and umbrella coverage The biggest mistake real estate investors make when it comes to insurance Why you need an umbrella policy over your LLC

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29 They say when it rains, it pours. Thats fine if the lawn needs watering, but not so much if someone sues you. Could you use an umbrella insurance policy?Many homeowners fail to take advantage of coverage that protects their assets from catastrophic lawsuits. Today, financial planner and teacher Rob West has the info you need on this overlooked form of insurance. Then its your calls at 800-525-7000. An umbrella policy gives you extra liability coverage for you and your family, beyond what you have with your homeowners and auto insurance policies. And does everyone need it? Maybe not. But more people than you might expect. If youve been working hard to build up assets, in your retirement fund, and the equity in your home, its possible you could reach the million dollar mark someday, even if youre not there yet. And a civil judgement could be against future earnings, so thats something to consider. A lot of folks might think those assets are protected from lawsuits, but there are limitations. In many states, your home is protected from lawsuits and creditors, but not all. For example, New Jersey and Pennsylvania have no homestead protection. Also, most employer sponsored retirement plans, like a 401k, have immunity from lawsuits and creditors under the Employee Retirement Income Security Act, or ERISA. But non-ERISA plans, like traditional or Roth IRAs, dont have the same level of protection. So those are both reasons to consider an umbrella policy. Umbrella policies are quite reasonable. For up to $1 million in coverage, youll probably pay $150 to $300 a year. You might even find it cheaper if you have an independent insurance agent shop around for you. Theres no deductible with an umbrella insurance policy. Of course, you would pay the deductible for your homeowners or auto insurance policy, but then the umbrella policy kicks in and pays all the rest. Here are some questions we answered from our callers on todays program: My husband and I have savings in an account that we were planning on using on a home. We are now considering going into the mission field within the next 5 years. Should we wait to purchase a home? I opened a Roth IRA. How do taxes work with these? I am making some improvements on my home. One creditor offers a loan with no payments for 5 years. How can they do this? It is too good to be true? If you can save a percent, should you refinance? I only have 8 years left to pay it off. I am a schoolteacher and I am planning my retirement. Is having a 403B the best plan for me for retirement? My husband and I purchased a timeshare 30 years ago. Is there a cost effective way to get out of this? Ask your questions at (800) 525-7000 or email them atquestions@moneywise.org. Visit our website atmoneywise.orgwhere you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources. Like and Follow us on Facebook atMoneyWise Mediafor videos and the very latest discussion!Remember that its your prayerful and financial support that keeps MoneyWise on the air. Help us continue this outreach by clicking the Donate tab at the top of the page.

Thanks for checking out my podcast! Most people are left out of the loop on how insurance really works and do-it-yourself insurance policies won't give you the full picture. In this podcast series, I dive into the nuances of insurance policies and how you can make sure you are actually protected. I cover everything from personal asset protection all the way to commercial lines of business and employee compensation. Make sure to like and subscribe to start 'Doing Insurance Right!' Find us here: Facebook Instagram YouTube LinkedIn --- Send in a voice message: https://podcasters.spotify.com/pod/show/doinginsuranceright/message

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29 They say when it rains, it pours. Thats fine if the lawn needs watering, but not so much if someone sues you. Could you use an umbrella insurance policy?Many homeowners fail to take advantage of coverage that protects their assets from catastrophic lawsuits. Today, financial planner and teacher Rob West has the info you need on this overlooked form of insurance. Then its your calls at 800-525-7000. An umbrella policy gives you extra liability coverage for you and your family, beyond what you have with your homeowners and auto insurance policies. And does everyone need it? Maybe not. But more people than you might expect. If youve been working hard to build up assets, in your retirement fund, and the equity in your home, its possible you could reach the million dollar mark someday, even if youre not there yet. And a civil judgement could be against future earnings, so thats something to consider. A lot of folks might think those assets are protected from lawsuits, but there are limitations. In many states, your home is protected from lawsuits and creditors, but not all. For example, New Jersey and Pennsylvania have no homestead protection. Also, most employer sponsored retirement plans, like a 401k, have immunity from lawsuits and creditors under the Employee Retirement Income Security Act, or ERISA. But non-ERISA plans, like traditional or Roth IRAs, dont have the same level of protection. So those are both reasons to consider an umbrella policy. Umbrella policies are quite reasonable. For up to $1 million in coverage, youll probably pay $150 to $300 a year. You might even find it cheaper if you have an independent insurance agent shop around for you. Theres no deductible with an umbrella insurance policy. Of course, you would pay the deductible for your homeowners or auto insurance policy, but then the umbrella policy kicks in and pays all the rest. Here are some questions we answered from our callers on todays program: My husband and I have savings in an account that we were planning on using on a home. We are now considering going into the mission field within the next 5 years. Should we wait to purchase a home? I opened a Roth IRA. How do taxes work with these? I am making some improvements on my home. One creditor offers a loan with no payments for 5 years. How can they do this? It is too good to be true? If you can save a percent, should you refinance? I only have 8 years left to pay it off. I am a schoolteacher and I am planning my retirement. Is having a 403B the best plan for me for retirement? My husband and I purchased a timeshare 30 years ago. Is there a cost effective way to get out of this? Ask your questions at (800) 525-7000 or email them atquestions@moneywise.org. Visit our website atmoneywise.orgwhere you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources. Like and Follow us on Facebook atMoneyWise Mediafor videos and the very latest discussion!Remember that its your prayerful and financial support that keeps MoneyWise on the air. Help us continue this outreach by clicking the Donate tab at the top of the page.

Today's question comes from Shaw who wants to know how to best insure his investments.   Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing. IF YOU LIKE THIS PODCAST we would love it if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!

Jason Hartman takes a look at economic recoveries from past U.S. recessions. Beyond understanding the shape of an economic recovery, the details of the growth percentage and the term of growth can help us to understand where we are now. While some economic predictions can be made based on past information, the Coronavirus Pandemic does contribute to breaking pre-pandemic trends. Jason also discusses umbrella insurance policies and some flood insurance myths.  Webinar: Asset Defense This Weekend and Wednesday bit.ly/protectmetoday Key Takeaways: [2:30] Answering a listener question from Tony E. Understanding umbrella insurance policies.  [10:50] Let’s talk about flood insurance and bust some myths.  [14:00] The U.S. savings rate increased by the highest percentage in 39 years, since the pandemic hit the news.  [17:00] What’s the ‘shape’ of our recovery? Possibly and O-shaped recovery? [18:00] Home sales have skyrocketed   [21:00] Supply-demand shock, from oil, the housing market, to quick deliveries.  [22:30] Short-term and long-term bond interest rates. [24:30] After the yield curve recovered, how long until the start of a recession? [28:30] Looking at home prices in the U.S. in a market-weighted heavily on cyclical market prices.  Websites:  JasonHartman.com JasonHartman.com/Ask Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

A brief summary of this episode

Irving Weber Associates protects linen suppliers and distributors, uniform renters, and commercial launderers with broad insurance coverage, experienced risk control, educational resources, and responsive claims service. OPERATIONS: Commercial Launderers, Linen Suppliers, Uniform renters, Distributors LINES OF BUSINESS: Property Insurance, Liability Insurance, Workers' Compensation, Business Insurance, Auto Insurance, Umbrella Insurance, Flood Insurance

Bill explains what umbrella insurance is, how it should be used, how much you should have and why it's more important than you think. 

In episode 171 of Financially Simple, Justin looks at Umbrella Insurance policies. Your typical insurance coverage only goes so far, and if the claim exceeds the coverage you can have problems - Umbrella coverage covers these instances. Justin explains the basics of Umbrella Policies, what they cover and why you might need one. TRANSCRIPT/BLOG:https://financiallysimple.com/what-is-an-umbrella-insurance-policy-and-why-do-you-need-one/ Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:00 - What is an Umbrella Policy And Why Do You Need One? 02:54 - What Does it Cover 04:14 - What Doesn’t it Cover 05:05 - When Should You Have an Umbrella Policy 10:49 - How it Works 11:58 - How Much Do You Need? 14:10 - Wrap Up _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Financially Simple podcasts are recorded on a Blue Yeti Microphone & Samsung Notebook 9. Subscribe to the Financially Simple Newsletter NEW Book: The Ultimate Sale - A Financially Simple Guide to Selling Your Business for Maximum Profit _________________   BIO: Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.

Umbrella Insurance: How To Protect Your Assets In this episode, John continues his series on the Wealth Curve Blueprint. This time he reviews umbrella insurance policies, which are the first step in protecting your assets. John is the author of 5 Ways Your Wealth is Under Attack. He has lectured at various educational institutions such […] The post UMBRELLA INSURANCE: HOW TO PROTECT YOUR ASSETS appeared first on Smallwood Wealth Management.

Ron Siegel discusses local and national current events, politics, personal and business finance with a few mortgage tips along the way. A Southern California mortgage expert and bonafide political junkie, Ron Siegel delivers intelligent, entertaining radio that makes the hard news of the week easy to understand! Ron Siegel is joined by Brent Humpherys. Ron Siegel will discuss: Do You Prefer the Charm of an Existing Home?; What is Umbrella Insurance?; Real Time Real Estate; Your Credit Matters; Mortgage Minute; Word on Wealth; and so much more. Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family. Reach Ron Siegel at  Ron Siegel: 800.306.1990Ron Siegel: Ron@RonSiegelRadio.com??www.RonSiegelRadio.comwww.SiegelLendingTeam.com your Newport Beach Mortgage Lender Ron Siegel, Your Anaheim Mortgage Lender offers: Conventional Loans, FHA Loans, USDA Loans, Refinancing, and Reverse Mortgages   #RonSiegelRadio #Mortgage #Housing #Realtor #RealEstate

Umbrella insurance is simultaneously an important topic to understand and a topic which most people don’t even know exists. You can think of umbrella insurance as additional liability insurance. It is ultimately meant to protect you against major lawsuits and claims and to help protect both yourself and your assets.So what is umbrella insurance?

In this podcast, Ken Greene talks about his coaching style and his educational style. He also talks about why he loves working in the financial arena. Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.   Links and Resources from this Episode For resources and additional information of this episode go to http://engineeroffinance.com Connect with Ken Greene http://engineeroffinance.com Office 775-624-8839 https://www.linkedin.com/in/ken-greene https://business.facebook.com/GreeneFinance   Show Notes Ken has a lot to share and teach - 3:24 Ken shares with us a story about his little boy - 4:55 He talks about his love for watersports - 7:26 He loves learning, improving and teaching people all the things he has learned - 7:45 The financial arena - 10:10 The importance of reducing tax liabilities - 13:45 It all starts with education - 20:45 The more you can self-insure the more money you’ll have in your pocket - 24:00 Umbrella Insurance - 27:59 He explains the importance of your personal insurance - 28:45   Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you’re subscribed to the podcast so you get the latest episodes. Subscribe with Apple Podcasts Follow on Spotify Subscribe with Stitcher Subscribe with RSS

Do you have enough insurance to cover your business and family if you have a bad day at work? In this segment of the Thrivetime Show Clay Clark will get into the details of what an umbrella policy is & why you need it

This video podcast/screencast is a recording of a talk I gave at a national Emergency Medicine conference two months ago.  Bottom line up front: Long-Term Care Insurance – You probably don’t need it if you’re financially disciplined. Disability Insurance – You might need it. Umbrella Liability Insurance – You definitely need it. Where can you […]

Jason Parker interviews Jeff Ogard regarding Umbrella Liability insurance.  Jeff is a professional risk adviser with EHL Insurance.  Jeff Ogard360-779-4448EHL Insurance

Today's question is about umbrella insurance; specifically, what it is and who needs it.Support this podcast at — https://redcircle.com/2-minute-money-manager/donations

America is showing resilience despite headwinds around the globe-- including contraction in China. Today's Stocks & Topics: Investing for Beginners, What is an Index?, Nvidia's Earnings, Umbrella Insurance, UNH - UnitedHealth Group Inc., FCX - Freeport-McMoRan Inc., DE - Deere & Co., Options.Support this podcast at — https://redcircle.com/investtalk-investment-in-stock-market-financial-planning/donations

America is showing resilience despite headwinds around the globe-- including contraction in China. Today's Stocks & Topics: Investing for Beginners, What is an Index?, Nvidia's Earnings, Umbrella Insurance, Options, 401k, How Not to Run Out of Money, Retirement, Financial Advisors, Insider Trading.Support this podcast at — https://redcircle.com/investtalk-investment-in-stock-market-financial-planning/donations