September 3, 2019
Business Overhead Disability Insurance: What To Know Before You Buy

Business Overhead Disability Insurance: What To Know Before You Buy

Insurance isn’t always the most exciting topic for discussion. In fact, it usually means we are bringing up the things nobody wants to think about. However, having the proper coverage is an essential risk management strategy for you and your business. Recently, I talked about the importance of having personal disability insurance, but what about protecting your business in the event of a life-changing catastrophe? That is where business overhead disability insurance is an invaluable piece of protection.
August 20, 2019
Personal Finance for the Business Owner

Personal Disability Insurance – Policy Types Needed by Business Owners

In my early career, I didn’t really see the value of personal disability insurance. I was young, fit, and felt that I could conquer the world. However, now that I have a family and have the responsibility of owning a business, I recognize not just the value of such disability coverage, but its absolute necessity as well.
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.