Telemus Blog

Insurance: It’s Not Just For Your Protection

Written by Trever Helmstead, CFA, CFP® | Oct 29, 2021 6:30:58 PM

We tend to think of insurance as a way to protect our assets if something bad happens to us: floods, fires, accidents, disability, and so on. But what if it happens to someone else, and you’re responsible? Insurance can protect you — in more ways than you may realize.

Protecting your financial future is a big part of what we do at Telemus, and insurance plays a vital role in that process. That’s why we’ve created a series of short videos aimed at helping you understand the lesser-known benefits of effective insurance coverage. In this video, Telemus Financial Life Adviser Trever Helmstead discusses the value of liability protection when it comes to protecting your long-term financial future.

 

 

 

All opinions expressed in this article are for general informational purposes and constitute the judgment of the author(s) as of the date of the report. These opinions are subject to change without notice and are not intended to provide specific advice or recommendations for any individual or on any specific security. Telemus does not provide tax or legal advice, and nothing in these materials should be taken as such.  The material has been gathered from sources believed to be reliable, however Telemus Capital cannot guarantee the accuracy or completeness of such information, and certain information presented here may have been condensed or summarized from its original source. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. Current and future portfolio holdings are subject to risk. Risks may include interest-rate risk, market risk, inflation risk, deflation risk, currency risk, reinvestment risk, business risk, liquidity risk, financial risk, and cybersecurity risk. These risks are more fully described in Telemus Capital's Firm Brochure (Part 2A of Form ADV), which is available upon request. Telemus Capital does not guarantee the results of any investments. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, and may lose value.