
Assets Protection Strategies – Douglass Lodmell
Money Tree Investing
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Why You Shouldn't Buy an Umbrella Policy
In many cases, it's not even possible to buy enough insurance to cover for the types of incidents. If you have a net worth of two, three, four million dollars, you should have an umbrella policy for five million dollars. Even then, know that an autoa can easily be a ten or 15 million dollar claim. That's just the way our legal system works.
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