For high net worth individuals, buying insurance cover off the peg or via the Internet is a fundamentally flawed strategy.
These policies have too many restrictions, clauses and inner limits to protect a busy modern family.
For most people, their family home is one of their biggest investments. It isn’t just somewhere to live; it’s an expression of who we are and how we like to lead our lives.
Not all homes are the same. Imagine the differences between a 200 year old listed building and a brand new executive home. They don’t look the same, they are not made of the same materials and they are very different to repair.
This is why special homes require special insurance; an insurance that will not be brought into question after the loss, an insurance that understands and respects fine homes and treats them appropriately in the event of damage.It is vital that larger homes are visited by a specialist to ensure that the amount they have been insured for is accurate.
This approach guarantees that should there be a claim, no matter how big, there will be sufficient coverage to effect a proper and timely repair.
Another key consideration when insuring your home is the extent of choice you will have when it comes to making a claim. Most UK policies allow the insurer to dictate who repairs your home, and where you live if you have to move out during the repair process. Not in our case.
All high net individuals are visited and a sum insured review is undertaken – 50% of buildings are underinsured!
Arranging insurance for the right amount and understanding exactly how an insurance policy will respond in the event of a claim, will help you decide if it is right for you.
Contact us now to on 01245 449060 or email: firstname.lastname@example.org and one of our consultants will be happy to discuss your requirements and highlight your present exposures.