High Net-Worth Insurance

Is a standard insurance policy going to provide you with the cover that you need for your home, possessions and car? When you’ve worked hard to be able to enjoy the finer things in life, you deserve the peace of mind that comes from knowing that your insurance portfolio is providing you with the appropriate levels of cover.

At HISL Brokers Limited we support our customers to ensure they have an appropriate insurance portfolio in place, and work with leading, specialist insurers to make sure that you have the right cover in place should the worst happen. If you would like to know more about high net worth personal insurance, read on to find out how you can protect your assets today.

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What is high net worth insurance?

Most personal insurance policies will have limits, exclusions and warranties that restrict the amount of cover they can provide. High net worth insurance policies are designed for individuals that require a more comprehensive level of cover for higher-value possessions.

High net worth insurance policies can cover your significant assets, such as prestige and luxury cars, high value homes and home contents such as fine art, antiques and luxury jewellery.

Types of high net-worth insurance policies

There are several different types of high net-worth insurance policies that you could consider. These include:

Building insurance

Building insurance covers your property in case of damage. If you have a high-value home, your insurance may have to reflect the scale of the property, the age and complexity of the structure and the quality of the materials used. In addition to your main residence, we can also help source cover for. You can choose to cover:

Country homes and estates.
Second homes.
Holiday homes.
A property portfolio.
Properties that you rent out.
Outbuildings, including tennis courts and stables.

The building cover will usually be integrated with home contents insurance.

Home contents insurance

Limits and clauses on standard home contents insurance policies could mean that your treasured possessions are underinsured. You may need specialist valuations services to ensure that you have appropriate cover for things such as:

Bespoke or antique furniture.
Collections of designer clothing and accessories.
Fine art and antiques
Luxury watches and jewellery.
Wine collections.
Memorabilia.
Gadgets and technology.
Precious metals such as gold and silver.
Collectables items such as coins and stamps.

We can help you to ensure that your insurer has an accurate itinerary covering all of your possessions, and in the event that you need to claim, you can be confident that you will be sufficiently covered.

Prestige motor insurance

Whether you are looking for cover for your pride and joy, or a collection of valuable vehicles, it’s important that your insurance cover provides the appropriate protection.

Prestige and high-performance vehicles.
Classic car insurance.
Track day insurance.
Family fleet vehicles

Our experts are on hand to ensure that each vehicle is covered in line with factors such as its value, the secured nature of its storage and its annual usage.

Additional covers

Our experts can also help with a large range of additional covers that will ensure that your insurance portfolio is perfectly tailored to the needs of you and your family. This may include:

Travel insurance.
Boat and yacht insurance.
Business insurance.
Public liability insurance.
Professional indemnity insurance.
Product liability insurance.
Reputation and lifestyle protection.
Personal protection for kidnap, ransom or car-jacking.

The cost of high net worth insurance

The premium that you pay for your high net worth insurance policies will depend on several factors. These may include:

The size and value of your home.
The number of prestige vehicles that you own.
Your occupation.
The value of possessions such as jewellery, watches, fine art and antiques.
The level of cover that you need and the amount of cover that you will need to take out.

You may also choose to pay for extra cover such as legal expenses, business and office equipment, and personal accident, all of which will have an additional cost.

At HISL Brokers Limited we understand that cost is an important factor, but it is crucial to ensure that you are properly protected in the event of an incident occurring. With that in mind, we will take the time to understand your specific needs and recommend the amount of cover that is best suited to you.

How can I get high net worth insurance?

These are just examples of some of the types of high net worth insurance policies that we look after at HISL Brokers Limited. As we know that no two individuals have the same needs, speak to us today to find out which policies will best meet your requirements.

We will take the time to understand your specific needs and are committed to delivering a completely personalised service, ensuring that you have the best possible cover at the best possible price.

To find out more, contact Paul Kerner by calling: (0)20 7220 9020.