High net worth Insurance is not a commonly used or understood term. It may be more applicable to refer to it as high value insurance or high value home insurance.
High value insurance is generally designed for people requiring high levels of cover typically for properties with a rebuild cost of £350,000 and above and contents insurance anywhere upwards of £75,000.
Whilst the amount you insure is the main reason for taking out high net worth insurance, people often do not realise that there are many other great benefits that come with this type of policy compared to your average home insurance cover.
High value home insurance benefits.
As well as the excellent and bespoke service that you would expect from high value home insurance, the additional benefits go much further. These include worldwide cover for your contents as standard, appraisal and valuation services to make sure you have the appropriate level of cover and the option to include motor insurance for either a single vehicle or an entire family fleet giving you the convenience of a common renewal date and just 1 policy to worry about.
If you have a collection of fine art, antiques or jewellery you may find that these are worth more than you realise and your home insurance may not provide adequate cover. A high value insurance policy is specifically designed to take into consideration the requirements of having such a collection.
Want to find out more about high value insurance then why not call and speak to one of our advisors on 01622 776657 or click here to arrange a call back.
Woodstock Insurance Brokers is authorised and regulated by the Financial Services Authority. This can be checked on the FSA Register by visiting its web site at www.fsa.gov.uk
Woodstock Insurance Brokers Company No: 04288957 registered in England at Shurdington Road, Cheltenham Spa, Gloucestershire GL51 4UE.