Cover Your Assets Podcast with Billy Gwaltney

Billy Gwaltney
Cover Your Assets Podcast with Billy Gwaltney

Don’t let accidents, illness, or injury destroy your hard work. You’ve spent years of your life and hundreds of thousands of dollars to become a physician. This is the career that will give you and your family everything you’ve dreamed of. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the C.Y.A. Podcast, Billy Gwaltney shows you exactly what you need to do to protect your income and your way of life—looking for even more how-to's? Make sure to check out his best-selling book on Amazon! (See website)

  1. 11月12日

    What Does "Guaranteed Renewable Only" Mean?

    Expert Billy Gwaltney delves deep into the often-misunderstood term "guaranteed renewable only" and what it means for your private specialty disability coverage. If you're a physician navigating the nuances of insurance policies, this episode is a must-listen. Billy breaks down the differences between non-cancelable and guaranteed renewable policies, highlighting important factors such as rates, state regulations, and the implications for policyholders.  Learn how choosing a "guaranteed renewable only" policy could offer substantial discounts and understand the trade-offs involved. With real-world examples and expert insights, this episode provides crucial information to help you make informed decisions about your insurance options.  Episode Highlights:  The significant cost savings with "guaranteed renewable only" policies. (01:59) An explanation of rate increase scenarios and how they affect policyholders. (02:57)  How adverse selection impacts insurance companies and policyholders alike. (03:45)  Insights into why top carriers, like Emeritus, have maintained stable rates for decades. (04:22)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    6 分鐘
  2. 11月12日

    What Does Noncancelable and Guaranteed Renewable Mean?

    Have you ever wondered what the terms "noncancelable" and "guaranteed renewable" really mean in the world of insurance?  Billy Gwaltney breaks down the importance of these terms and why they should matter to you. With his rich experience as an independent broker for the top four carriers, he ensures that these policies have no gaps or gotcha clauses.  Discover how noncancelable and guaranteed renewable policies protect you, offering you peace of mind and stability. Understand why these features are essential and what exceptions you need to be aware of when choosing your policy.  Episode Highlights: Definition and significance of noncancelable and guaranteed renewable policies. (00:51)  Explanation of the three key elements: policy cancellation, terms change, and rate increase. (01:33) Pros and cons of guaranteed renewable-only policies and important considerations. (02:36)  Billy's invitation for a personal consultation and contact information for further questions. (03:18)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    4 分鐘
  3. 11月12日

    What Happens to My Policy if I Change Specialties?

    Have you ever wondered how a change in medical specialty can affect your private disability policy?   In this illuminating episode of the Cover Your Assets podcast, host Billy Gwaltney dives deep into the nuances of specialty disability policies and how they adapt to your evolving medical career. Whether you’re a resident just starting out or an experienced professional considering a switch, understanding your policy is crucial. Billy provides expert insight into why your initial specialty matters and how the right policy can offer seamless coverage as you progress.  Tune in to learn how to secure your financial future, no matter where your medical journey takes you. Ensure your policy evolves with your career, covering everything from fellowship transitions to unexpected changes in job roles.  Episode Highlights:  Why your specialty impacts the rate you pay for your disability policy. (02:37) How your policy adapts to changes in your medical career. (03:50)  Dual Benefits: Coverage for new roles without penalizing future earnings (05:46)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    8 分鐘
  4. 10月15日

    Understanding Financial Mindsets: Cover Your Assets…From All Angles, Session 1

    Welcome to the first session of the Cover Your Assets educational series on financial planning, where host Billy Gwaltney delves deep into financial mindsets with experts John Navin and Kyle Christensen.   Discover the diverse approaches to financial planning, encompassing both traditional and non-traditional strategies, directly from seasoned professionals. Whether you're an experienced investor or just starting out, this episode aims to empower you with the knowledge to make informed financial decisions.  Get ready to explore a series that will fundamentally change your perception of financial planning.  Episode Highlights: Understanding Traditional vs. Non-Traditional Financial Planning: John Navin discusses conventional strategies and Kyle Christensen introduces alternative investment ideas. (12:30)  Emphasizing Education in Financial Planning: Kyle shares how empowering clients with knowledge is central to his approach. (20:45)  Real-life Examples: Learn about a pharmacist who increased income significantly through business investment and how professionals can leverage their expertise. (32:05)  Critique of the Financial Industry: Both guests critique the pitfalls of the financial advisory industry and stress the need for personalized, diligent financial planning. (45:10)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life. For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    51 分鐘
  5. 10月1日

    My Promise to Every Client

    What does true dedication to client care look like in private specialty, own occupation, disability coverage?  Join Cover Your Assets host Billy Gwaltney as he unveils his unwavering commitment to providing top-tier service for physicians. From securing the best coverage to ensuring a streamlined process, Billy's promise to his clients is unparalleled. Discover the benefits of working with a dedicated specialist who offers personalized, concierge-level care.  Episode Highlights: Billy’s goal: Being the best in private specialty disability coverage. (01:00) Overview of the essential coverage components, including the true specialty own occupation definition and enhanced residual benefit. (02:30) The role of Billy’s dedicated team in providing proactive care. (04:00) The importance of having a specialist who builds personal, lasting relationships with both clients and insurance companies. (06:20)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    8 分鐘
  6. 9月24日

    Financial Goals and Personal Values: Cover Your Assets…From All Angles, Session 2

    In this episode of Cover Your Assets, host Billy Gwaltney dives deep into the intricate balance between financial goals and personal values with guests and financial planners Kyle Christensen and John Navin.   Kyle shares why he avoids using the term "retirement," preferring "financial freedom" as a more empowering goal, while John introduces his "freedom number" concept for a joyful life beyond just escaping a job. Together, they explore the unique financial challenges faced by medical professionals transitioning from training roles to high-earning attending positions and offer actionable strategies for building financial independence.  This episode empowers listeners to rethink their financial future with purpose-driven decisions and smart investment choices.  Episode Highlights: Kyle Christensen explains the concept of financial freedom and stresses the importance of understanding what you want to do once you achieve it. (08:15)  John Navin introduces his "freedom number" and discusses why planning for a joyful life is more than just escaping a job. (16:45)  John Navin details his diversified investment strategy, outlining different investment "buckets" based on time horizons. (32:00)  Kyle Christensen critiques financial institutions and emphasizes the significance of investing in what you know and can control. (33:50)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    58 分鐘
  7. 9月24日

    Financial Tools and Strategies: Cover Your Assets…From All Angles, Session 3

    Host Billy Gwaltney delves into the intricate world of financial tools and strategies with guests John Navin and Kyle Christensen on this episode of Cover Your Assets.   Through a series of enlightening discussions, they uncover the critical aspects of financial planning, addressing common mistakes and underexplored opportunities that professionals, especially those in high-risk careers like medicine, must consider. From the fundamentals of car insurance to the nuances of student loan repayment, this episode is packed with actionable insights designed to fortify your financial future and mitigate risks.  Join them as they probe into the strategies that will not only cover your assets but also ensure substantial growth and security in an ever-evolving economic landscape.   Episode Highlights:  John Navin discusses optimal car insurance coverage amounts and common planning mistakes. (10:25) Kyle Christensen emphasizes the importance of a personal liability umbrella policy with at least a million dollars in coverage. (18:45)  Billy Gwaltney explores principles of investing, stressing the importance of control and understanding in financial decisions. (34:15)  Insightful conversation on student loan challenges, featuring practical tips on leveraging current income-driven repayment plans. (47:05)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    56 分鐘
  8. 9月24日

    Traditional vs. Principles-Based Approach to Risk Management: Cover Your Assets…From All Angles, Session 4

    What really keeps your financial future secure: strategy or principles? In the final session of this enlightening educational series, host Billy Gwaltney dives deep into the essential and often overlooked world of risk management and asset protection with guests Kyle Christensen and John Navin.  Together, they explore the intricate balance between traditional and principles-based approaches to safeguarding your financial assets. Both Christensen and Navin reveal the startling reality that many clients, including high-earning professionals, are grossly underinsured, sharing personal anecdotes to underscore the critical importance of early and adequate coverage.  Don't miss this engaging discussion filled with actionable insights, tips on optimal insurance strategies, and a holistic view on financial planning designed to help you secure and maximize your assets.  Episode Highlights: Kyle Christensen discusses the limitations in purchasing insurance and explains the principle of indemnity. (07:12) Billy Gwaltney shares a cautionary tale about a surgeon who unexpectedly needed long-term care due to early-onset Alzheimer's. (15:34)  John Navin introduces the DIME formula for determining life insurance coverage needs and elaborates on his personal experience with health and life insurance costs. (28:49) A deep dive into the comparison of term versus whole life insurance, and Kyle Christensen’s compelling analogy between renting and owning life insurance. (45:02)  The Cover Your Assets Podcast is on a mission to help physicians like you get their disability insurance right. You’ve spent years of your life and hundreds of thousands of dollars to become a physician – this is the career that will give you and your family everything you’ve dreamed of! Don’t let accidents, illness, or injury destroy your hard work and the life you deserve. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the Cover Your Assets Podcast, host Billy Gwaltney, head of Professional Planning Group, Inc., shows you exactly what you need to do to protect your income and way of life.  For more tips and advice, connect with the CYA Podcast on YouTube and visit the Professional Planning Group online. Stay up to date with Billy on ⁠Facebook⁠ and ⁠LinkedIn⁠.  If you have questions, feedback, or just want to connect, email Billy at ⁠billy@ownoccdisability.com.⁠

    1 小時 2 分鐘

簡介

Don’t let accidents, illness, or injury destroy your hard work. You’ve spent years of your life and hundreds of thousands of dollars to become a physician. This is the career that will give you and your family everything you’ve dreamed of. You know you need to be insured, but how do you sort through the mountains of information when you barely have enough time to eat? On the C.Y.A. Podcast, Billy Gwaltney shows you exactly what you need to do to protect your income and your way of life—looking for even more how-to's? Make sure to check out his best-selling book on Amazon! (See website)

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