Episode 15: International Insurance and Protection With Tom Pewtress, Paul Butler and Special Guest Carlton Crabbe.
We talk about why international insurance and protection is so important.
After a steady start to the year for the stock market this week we turn our focus to protection.
I’m Tom Pewtress Head of Global Partners here at Skybound and today I have the pleasure of being joined by Paul Butler – Senior Financial Planner.
Why Protection so important?
Why would you advise someone to think about Life Insurance?
What would you say if I had plenty of money in retirement accounts and savings?
And what about the other end of the spectrum, I think we see two really common responses from people. 1 being – my employer has something in place, and the other, I don’t have a family yet?
Tell me more about Critical Illness Cover
If someone is trying to work out how much life and critical illness insurance they should have, are there rules of thumb they can follow?
We have spoken about two key types of insurance everybody should be considering to protect their finances but how can life insurance be structured?
Paul, great podcast today. Lots learned. Protection should be the first pillar of any financial plan. Always consider Life and Critical Illness and then seek advice on what type of structure your Insurance should be. Bottom line for me though – something is better for nothing!
I am happy to introduce Carlton Crabbe CEO of Capital for Life who provide International Life Insurance solutions and premium finance for clients around the world.
Carlton, earlier we heard from Skybound’s Financial Planner Paul Butler about how Insurance plays an important part of a clients personal life but I’d like to hear how and why Life Insurance is an important part of business continuance planning.
The first thing springs to my mind is Key Man Insurance. Can you explain what this is?
And typically how would you structure Life Insurance for this?
What other reasons should a business consider Life Insurance for?
Does the size of the business play a factor into these decisions?
What types of Insurance should businesses consider?
And how does insurance form a business asset?
What would be your key message to anyone in business today when they are thinking about how insurance can positively impact their business?
Carlton, amazing session today and a big thank you for your time. I know you are a busy man.
This was recorded on the 30th January 2023 and all information was correct at the time of recording.
As always this podcast is for educational purposes only and is not a personal recommendation. If you’re unsure what’s right for you, you should seek advice. Past performance isn’t a guide to the future, and investments rise and fall in value so you could get back less that you invest.