Apr 22, 2020
In episode 257 of Financially Simple, Justin talks to Steve Waldrop of Wyatt Insurance about reviewing policies.
With the Coronavirus lockdown still in effect across much of the world, small business owners should make use of their downtime to review their insurance policies. Justin and Steve discuss the review process of your insurance policies - what to review, things to consider, and planning ahead.
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Follow along in YouTube: https://www.youtube.com/watch?v=mMHt2qFSCDk
01:37 - Ask Justin featuring Steve Waldrop: Having Trouble Sleeping? Let’s Talk Insurance!
03:59 - The Insurance Review Process
04:53 - Types of Insurance to Review
07:38 - BOP vs. Commercial
09:14 - Planning Ahead
10:28 - Example: Cyber Security
13:32 - Addressing Concerns
15:26 - Business Trajectory
17:49 - Anything Else?
19:57 - One Pearl of Wisdom
21:41 - Wrap Up
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Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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