It’s all too easy to forget about insurance, especially if you’re in the midst of a busy period of your life – like buying a new house, moving, or even travelling extensively for work.
But while insurance is rarely at the forefront of our minds, it’s something that nobody regrets having when things go wrong. This is especially true if you’re a high net worth individual (HNWI) who needs high value insurance, or a policy to cover unusual assets.
Organising standard insurance is usually straightforward. It’s simply a case of going online, receiving an insurance quote, comparing premiums, and making a payment. High value insurance, however, is slightly different.
Many standard policies may not be appropriate when the sums involved are very large, and these insurers may not have specialist appraisers in their team. Using a mainstream insurance provider could therefore leave you in a difficult spot at a time when you need support.