• When was the last time your personal insurance advisor completed a lifestyle and insurance portfolio review? There is need for concern if an in-depth review has not been conducted within the last 3 years.  As assets are acquired and risk appetites change, gaps in coverage may not be revealed until a claim is denied unless reviews are conducted annually.
  • Are you protected with enough personal excess liability insurance?  If your net worth exceeds your liability coverage limits, a lawsuit can put a significant portion or your personal assets at risk.  In the event of a lawsuit, the last thing anyone wants to worry about is running out of insurance.  We can offer up to $100 million on a single policy to address claims of personal injury and property damage—including lawsuits by private staff, auto accidents with uninsured drivers and more.
  • Is your insurance program messy?  Assets are acquired over time.  So, it’s not uncommon to insure them in different ways.  For example, a summer residence may be with a different agent and carrier than the home in the suburbs.  Whatever the combination, the end result is fragmented making insurance more difficult and expensive to manage.  Don’t wait until claim time to find out what is — and what is not — protected.  A high net worth insurance carrier can address special circumstances and offer coverages that traditionally have been ignored in the mainstream marketplace.
  • Do you employ private staff?  Nannies, housekeepers, private assistants, gardeners and others can take their employers to court.  When added to your personal excess liability policy, Employment Practices Liability Insurance responds to allegations of sexual harassment, wrongful termination, discrimination and more.  Our carriers also offer complimentary background checks on private staff and wealth managers.
  • Are your insurance policies in sync with your estate plans?  Many wealthy people structure their property ownership using LLCs, LLPs and trusts.  Not all insurance providers enable policies to reflect these alternate structures, which can result in diminished protection or complications at claim time.
  • Is your home properly insured and protected?  If you had to rebuild your home in today’s market, would you have enough insurance to sufficiently cover the expense?  Many properties are insured based on values that are vastly underestimated—especially those that have undergone extensive home improvements and renovations.