Ask Marco - How to Best Insure Using Umbrella Insurance? | PREI 310
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 5 November 2020
⏱️ 12 minutes
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| 0:00.0 | Welcome to passive real estate investing, the show where busy people like you learn |
| 0:05.2 | how to build substantial passive income while creating wealth for the long term. |
| 0:09.2 | And now here's your host, Marco Santorelli. |
| 0:12.3 | Hello my friends and welcome to a Now here's your host, Marco Santorelli. |
| 0:13.4 | Hello, my friends and welcome to another episode of Ask Marco. |
| 0:17.6 | Today we have a great question here, |
| 0:19.5 | and it comes in from Shaw. |
| 0:20.9 | And I know we don't talk about insurance and umbrella insurance all that much on the show. |
| 0:26.7 | We do touch upon it. I've had some really good guests over the years talking about insurance |
| 0:30.6 | and the intricacies and the ins and outs of it, but how do you apply that |
| 0:35.0 | when you have an asset protection structure in place, which everybody should have and everybody |
| 0:40.8 | needs? |
| 0:41.8 | So this is in a way a very general question, |
| 0:44.4 | but he has a very specific scenario |
| 0:46.4 | and the way Shaw set up his entities |
| 0:49.4 | from an asset protection perspective |
| 0:51.6 | was very well done. It's probably one of the best |
| 0:55.1 | structures in a very common way to do it. But his question revolves around |
| 0:59.6 | applying umbrella insurance, which I think is a good idea for everybody to have. |
| 1:05.2 | So Shaw writes and he says, hello Marco your podcast is one of my absolute favorites for |
| 1:09.5 | passive investing and has answered numerous questions. |
| 1:12.0 | I have asked other experts and they have not known the answer. |
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