August 15, 2019
Life Insurance for Business Owners

Life Insurance Basics – Considerations for Business Owners

When my firm begins working with business owners, we often have to correct, fix, improve, or shore up their life insurance policies. Many times, the client won’t have the right insurances, or they’re paying too much for coverage. And sometimes, the client won’t even have a life insurance policy. So right off the bat, when my personal planning process begins, the team helps place the clients into the correct life insurance policies. I want you to have a baseline understanding of how we make life insurance financially simple, so let’s cover the basics of Life Insurance for business owners.
July 25, 2019

What is an Umbrella Insurance Policy and Why Do You Need One?

Today, I want to talk about one of the most significant holes I see in the personal insurance side of risk management. Often, business owners will have this coverage for their business but not realize they need it for their own lives, too. It’s so important that I recommend (in writing) that all of my clients purchase this type of policy. What am I talking about? I’m talking about an umbrella policy. Specifically, I want to answer: What is an umbrella insurance policy, and why do you need one?
July 23, 2019
Review Your Homeowners Insurance Policy

Are You Adequately Covered? Review Your Homeowners Insurance Policy

After helping hundreds of business owners with their personal and business finances over the years, I’ve learned a few things. One of the most interesting things I’ve learned is that people rarely review their homeowner’s insurance policy once they purchase it. However, property values tend to rise. The coverage you had on your house ten years ago is probably not the amount of coverage you need on it today. Therefore, you should probably review your homeowner’s insurance coverage yearly to make sure you are adequately covered. Here’s what you need to know.
July 18, 2019
Auto Insurance 101 for the business owner

Auto Insurance 101 – What You Need to Know

If you drive a car, you must have auto insurance. In fact, it’s illegal not to have car insurance and if you happen to be in an accident, not only will you be fined, but you could be sued. If you’re a business owner, you’re trying to increase your net worth, not decrease it. Thus, you need to have adequate car insurance to protect yourself and your finances. So let’s talk Auto Insurance 101 – what you need to know about insurance for your car, truck, and other vehicles.
July 16, 2019
Captive vs Independent Insurance Agent Save You Money

Captive vs Independent Insurance Agent – Who Saves You More Money?

Insurance is a necessity of life, but it can feel burdensome to business owners. Not only do they have to pay high premiums for good coverage, they have to carry multiple personal and business policies. If you’re like most business owners I know, you feel “insurance poor.” However, if you understand the distinction between a captive vs independent insurance agent, you can actually reduce the cost of your insurance.
July 19, 2018
Second-to-die Life Insurance

A Second-to-die Life Insurance Policy Can Help Reduce Estate Taxes

If you have ever shopped for life insurance, then you know it can be quite overwhelming. There are many different options. Two of the most popular are term insurance and whole life, both of which you have likely heard of. However, today, I’m introducing you to another type of life insurance policy. The second-to-die life insurance policy is a policy that is often employed as part of an estate plan.