TITLE

Protecting the Assets You Manage: Reviewing Clients' Property/Casualty Insurance

AUTHOR(S)
Opiela, Nancy
PUB. DATE
March 2002
SOURCE
Journal of Financial Planning;Mar2002, Vol. 15 Issue 3, p48
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses about managed assets protection with emphasis on clients' property or casualty insurance. According to the author, the solution to the liability issue for most clients is an umbrella policy which addresses liability limits more than of what automobile and homeowners policies may cover. Amy Dickie, an insurance broker with Marsh, pointed out that planners must ask their clients to examine the liability coverage of any boards on which they serve. Dennis Stavinoha of Stavinoha, White Strategic Financial Group stated that when it comes to homeowners coverage, planners should ensure that clients' homes are insured for replacement costs, not market value. Moreover, the liability coverage problems on the commercial side is also addressed. INSET: How has 9/11 Affected the Commercial Insurance Market?.
ACCESSION #
18663483

 

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