Episode 209: 100% Non-Negotiable Protection for Business Owners That Almost No One Has скачать в хорошем качестве

Episode 209: 100% Non-Negotiable Protection for Business Owners That Almost No One Has

🚨 FREE Life Insurance Evaluation with Scott If you’re a business owner and you’re not 100% certain your income, equity, and family are protected — book your free 30-minute life insurance evaluation here: 👉 https://ptlegends.com/30mincallwithscott This is a protection review — not a sales pitch. Make sure you’re covered correctly. In this episode of The Profit Lifestyle for Fitness Entrepreneurs, Scott Carpenter and Andy Boimila break down the one form of protection that every business owner needs… yet almost nobody has properly structured. Term life insurance. Not the small policy you forgot about. Not the $50–80K policy that barely covers funeral costs. Not the “I’ll get to it later” conversation. Real protection. Because when the primary income earner dies, it’s not just emotional damage — it’s financial collapse. The Hard Reality Most Entrepreneurs Ignore Scott shares something most of us have seen: Healthy gym owners passing unexpectedly 40-year-olds gone overnight GoFundMe pages launched within days And the harsh truth? $100,000 raised online may barely cover funeral costs and a short window of expenses EP. 209 Copy 01 . If your income disappears: Your spouse may not be able to run the business Revenue likely drops immediately Business partners must buy out your equity Kids’ futures are financially disrupted Operating agreements may require large payouts Without proper coverage, surviving partners and families face enormous strain EP. 209 Copy 01 . This is preventable. Why Term Life Is the Baseline Scott makes it simple: $1M in coverage can cost surprisingly little per month (depending on age and health) EP. 209 Copy 01 Payouts are generally tax-free The younger and healthier you are, the cheaper it is If your health changes, you may become uninsurable And here’s the part most people miss: When you need life insurance, you often can’t get it. That’s why acting while you qualify is critical EP. 209 Copy 01 . Business Owners: This Is Bigger Than Family Protection If you have: A 50/50 (or any %) business partner Employees depending on revenue Shared equity agreements Seller financing Operating agreements requiring payout You likely need: Personal term coverage Partner cross-coverage Possibly key-man insurance Possibly convertible structures Scott explains how one medical event can make someone permanently uninsurable — even if they were perfectly healthy before EP. 209 Copy 01 . That risk is real. Beyond Term: Optimization Later This episode focuses on baseline protection. Scott briefly references: Convertible term Whole life Infinite banking strategies Tax-advantaged growth Using policies to fund investments But the order matters: Protect income. Protect equity. Protect family. Then optimize wealth. Protection first. The Peace of Mind Factor Andy shares something powerful: Over the last few years, life has proven there are no guarantees EP. 209 Copy 01 . As business owners, we carry stress daily: Revenue targets Payroll Clients Growth Market changes Knowing your family would be financially secure — no matter what — removes a massive unseen burden. And it costs less than most people spend on coffee each month EP. 209 Copy 01 . Who Needs to Watch This This episode is for: Gym owners Fitness entrepreneurs Small business owners Primary income earners Business partners Parents If you think you “already have something,” you should still review it. Most policies are underfunded, outdated, overpriced, or structured incorrectly. Get a Free Life Insurance Evaluation Scott is offering a free 30-minute review to: Evaluate your current policy Check coverage adequacy Review pricing Discuss convertible options Review partner protection Evaluate spouse coverage Analyze buy-sell exposure Book here: 👉 https://ptlegends.com/30mincallwithscott Or email directly: 📩 Scott@TheProfitLifestyle.com 🚨 Again — Book Your Free Life Insurance Evaluation: 👉 https://ptlegends.com/30mincallwithscott This is 100% non-negotiable protection. Don’t wait for the “what if.” Protect the people who depend on you.