Can you self-insure and should you self-insure...two very different questions.

Many families can self-insure. They have the wealth, assets and resources to financially protect themselves, their family and their corporation if they passed away.

But, that does not necessarily mean they should self-insure.

This video explains the difference between the two questions and highlights the risks of self-insuring.

Spotify: https://open.spotify.com/show/624XIhn

YouTube: https://www.youtube.com/channel/UCpvujpE0yjPzxzILTSzeRug

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798

Anchor: https://anchor.fm/michael-dutra#lifeinsurance #insurance #business #businessowner #wealth #finance

Disclaimer: These podcasts discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.