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The Chris Berry Show


Aug 23, 2018

Does your insurance fully protect you and your family? Are you sure?

Insurance may not be one of the most exciting topics in the world but what is exciting is the peace of mind you’ll have knowing that your possessions and family are protected. The world of insurance can be a confusing one full of jargon, variables, and technicalities so today we’re going to dive deep into what you need to know.

In this episode of The Chris Berry Show, I’ll talk to insurance specialist Andrew Ceo about protecting your family from an insurance perspective, umbrella policies, and the different types of coverages that you should have.

In this episode, you'll learn...

  • Chris’ positive focus for the week.
  • How to contact Chris if you want him to answer a question on a future episode of the show.
  • A terrible thing that happened to Chris’ neighbors and how it relates to today’s episode.
  • Information on how to attend an upcoming workshop called “Legal, Financial, and Tax Planning for the Second Half of Life” that Chris is putting on.
  • Why Chris’s firm is different from a lot of "financial professionals” that just want to sell you something instead of having a fiduciary responsibility to act in a client's best interest.
  • That, when it comes to financial planning, the best approach is an educational approach and to educate people on what constitutes good planning and bad planning so that they can make better decisions.
  • How Chris’ guest, Andrew Ceo, got into the insurance business.
  • What has changed in the 12 years since Andrew started working in the insurance business.
  • Things to think about if you own or operate a drone with regards to insurance.
  • Some things that people should be looking for in their homeowner's policy.
  • Tips on how to protect your possessions when using a moving company and how your homeowner's policy may not cover your items.
  • Some of the many things that business owners should be looking for, in terms of your coverage.
  • How find the the right insurance agent for you.
  • What umbrella insurance is and why it's so important.
  • Who an umbrella policy is best suited for.
  • How to best assess what liability limits you should have with your umbrella policy.
  • How often you should people review your insurance policies.

Q&A

In each episode, I take questions from listeners. If you do have any questions that you want answers to, feel free to email us at askchris@thechrisberryshow.com. Here are the questions I covered in this episode:

  • Meg asked: "What is the best way to transfer land out of my mother's name to me?"
  • Jennifer asked:  "I'm married, deed in husband's name. No will, no trust, etc. If husband dies, is wife entitled to the house?"
  • John asked: "My daughter is two years from starting college, how should my 529 account be balanced? I have almost enough to pay for four years of school, including my other savings account. Should it all be in money market accounts? Should any portion be in stock and bond funds?"
  • Peter asked: "My brother is currently suffering with dementia, and it's just a matter of time before he'll have nursing home arrangements. Both of our names are on the condo, and I was wondering, do I need to put the condo in a trust to protect the nursing home from attempting to seize all of his or our assets?"

Links & Resources

TheElderCareFirm.com

CJBerryGroup.com

TheChrisBerryShow.com

Michiganestateplanning.com

Register for one of our free estate & asset protection workshops

Farm Bureau Insurance

Andrew Ceo’s information

Farm Bureau Insurance

Andrew’s profile: https://www.farmbureauinsurance-mi.com/Agent/Andrew-Ceo/

Andrew’s office phone number: 810-231-9757

Andrew’s email address: aceo@fbinsmi.com

Follow us on Social Media

Twitter: www.twitter.com/ElderCareFirm

Facebook: www.facebook.com/chrisberryshow

LinkedIn: www.linkedin.com/in/christopherjberry