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July 1, 2011
Many investors are so focused on searching for their next investment idea, they overlook a great opportunity to protect their current assets and contain their annual expenses. While not generally thought of as an investment topic, asset protection insurance—property and casualty as the insurance industry calls it—should be a key component of every investor's portfolio.
Consider the seemingly infinite set of choices you face: Insurance companies will offer you coverage against "loss" of a particular asset, cash flow, or even against the liability of a misjudged action. With that in mind, here are some tips to help you make the most of your insurance policies:
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