As investors insurance has a very important place within our financial plan. The Calnan Flack approach is to work towards self-insurance. The concept is that as your asset base grows that enables you to reduce the level of insurance cover you hold.
We all happily insure our cars and homes, but few of us take the time to assess our own personal vulnerability and the impact to our lifestyles should we become sick, injured or die.
In this Insights recording Jeremy Calnan and Dane Pymble discuss the Calnan Flack approach to replacing your insurance needs with assets.