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Episode 7: Protecting your Draft Stock with a Loss of Value Policy

Episode 7: Protecting your Draft Stock with a Loss of Value Policy

Released Friday, 29th April 2022
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Episode 7: Protecting your Draft Stock with a Loss of Value Policy

Episode 7: Protecting your Draft Stock with a Loss of Value Policy

Episode 7: Protecting your Draft Stock with a Loss of Value Policy

Episode 7: Protecting your Draft Stock with a Loss of Value Policy

Friday, 29th April 2022
Good episode? Give it some love!
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 It is the first day of the 2022 NFL Draft in Las Vegas, NV!  The worlds largest and most publicized job interview comes to a close this weekend. Millions of dollars are on the line tonight and hopefully each of these prospects get selected in the draft slot they anticipated. If one of these young men fall in the draft, millions could be lost.  
Top draft picks probably have a Loss of Value policy which could ultimately cushion that fall and save the day.
In this episode we will learn all about the Loss of Value (LOV) policy with Eric Chenowith of Leverage insurance brokerage.
Tune in and learn how Eric and the LOV policy are apart of the Athletes journey:
Introduction of Tonight’s Guest: 2:20 
How Eric transitioned to the Insurance industry after Professional Basketball: 7:55
What is a Permanent Total Disability (PTD) & Loss of Value (LOV) 12:30
Draft Example 16:30
Critical Injury Rider: 21:00 
How Eric builds a case for his clients: 26:50
Who is Lloyds of London 34:00
How he came up with the name Leverage for his company 38:50
4 different transactions Leverage can assist with 42:40
Advice for those that want to follow in his footsteps: 46:20

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