Got Your Umbrella?

“Got Your Umbrella?”

  

By David Kauwe CLU ChFC LUTCF RFC

Consultus LLC

Do You Have Your “Umbrella”?

It’s More Than Just to Protect You Against the Rain!

The Umbrella Liability Policy is One of the Best Buys in the Insurance World!!!

In this world of frivolous litigation, folks are very concerned that as they try to get ahead in the world, there are crooks and cons out there scheming to take your hard earned wealth.

Then there’s the legitimate accidents, spill a cup of coffee in someone’s lap, kid’s left their skateboard out in the yard, dog got out through a hole in the fence and bit the neighbor’s child. 

If you have come into some money, how will you protect your assets? 

You could spend Thousands of Dollars setting up All Kinds of Trusts to protect everything from your house to your car, your kids to your dog.  But what if You Aren’t quite the Rockefellers and your assets aren’t worth 5 million dollars? 

The Umbrella Liability Policy just might be what the doctor ordered!!!

An “Umbrella” Policy is a Liability Insurance Policy written by most Property Casualty Agents like your friendly neighborhood, home and auto insurance agent.  A typical “Umbrella” Policy is written in denominations of 1 million and can cost as little as $120 a Year for 1 million dollars of liability coverage.  My coverage for instance cost a little under $200 a Year for 2 million dollars of liability coverage.  This type of coverage covers you for physical damage, property damage and other types of liability either you or anyone or anything in your control (i.e. spouse, kids, animals, house, car etc.) causes.  You will have to raise the underlying limits on your Auto and Homeowners policies, but the increases are minimal.

Next to Life Insurance, in my opinion, This IS the BEST Value in the Insurance World.  See your home/auto insurance agent to get set up today!

Now You Know Enough to come out of the rain and get under the “Umbrella”!!!

Hawaiian Dave

David A. Kauwe CLU ChFC LUTCF RFC is an Associate with Consultus LLC, a Financial and Estate Planning Firm located in Durham, NC. dave@hawaiiandaves.com or at (919) 698-8832 cell.