Assessing Your Insurance Needs: A Strategic Approach
Insurance decisions shouldn't be driven by fear or sales pitches—they should be grounded in cold, hard financial logic. At Muhlenkamp, our approach to insurance is simple: "The purpose of insurance is to protect against financial disaster. Any non-financial loss cannot be remedied by insurance. Any loss that is not a disaster does not require insurance." This philosophy cuts through the noise of complex insurance products and expensive policies you don't need, focusing instead on what truly matters: protecting your family's financial future when it counts most. The Financial Disaster Test Before evaluating any insurance product, ask yourself three critical questions: [...]
Three Words That Define Us
I remember when Ron and Bev Morrow were creating the logo, and Ron wanted something simple and rational that spoke to the engineer in him. The equilateral triangle inside the regular quadrilateral (square) did that, and the colors black and white were simple, clear, and clean. I don’t think there was more to it than that at the time, but the three sides of the triangle relate to the three words of our motto. It’s accidental but true. I always thought the motto was a veiled reference to Ben Graham’s book for the layman, “The Intelligent Investor.” But Ron saw [...]