High net worth household Insurance

Standard insurance policies are perfectly adequate to cover the buildings and contents for most residential properties, but if your home is particularly valuable and you have high value items within the home you need more than the usual levels of cover. High net worth household insurance is designed for people who have more to lose should they become the victims of accidental loss or damage, or who are unfortunate enough to have been targeted by criminals. This particular type of insurance can rightly be seen as bringing some much-needed peace of mind to the owner.

If you have multiple homes around the UK and across the world, it’s possible to arrange a worldwide policy that provides cover for every one of your residences. This is a particularly convenient arrangement, because it saves you the hassle of having to organise separate policies for each of the homes. Here at Scott Fyffe Wealth Management, we can arrange and provide such a policy designed to your specific requirements. It’s reassuring to know your homes and valuables are protected even when you’re thousands of miles away.

It goes without saying that high value possessions need to be included in your overall policy, and of course the type of possessions in question will vary from property to property. If your home contains fine art, antiques, gold, furs, jewellery and valuable furniture, you can take comfort from the fact that you’re insured against any unforeseen eventualities. Policies can also include boats and yachts, should you have them.

As well as covering your main properties, the buildings section of a policy will also usually include garages, workshops, swimming pools, tennis courts, outhouses and more. Many policies also feature liability cover, which will protect you in the event of a member of your staff coming to harm on your property. Some also have cover for legal expenses, and can include travel insurance for you and your family when taking a holiday or travelling to and from a place of work. As you might expect, a tailored policy can include as many other factors as you wish.

Scott Fyffe Wealth Management will work with you to provide cover that’s as individual as you are. We’ll spend a little time getting to know your specific requirements before offering a set of options for your consideration. Only when you’re absolutely satisfied with the policy will we ask you to sign. We understand the need for wealthier individuals to protect themselves, their families, their homes and their possessions, so you can be sure you’re dealing with professionals who know what needs to be done.

It’s worth noting that we can also offer products and investments that can be tailored to your ethical principles. If you wish to use your money to encourage organisations that do more for the environment and more for the community, you can do so through Scott Fyffe Wealth Management. We work with a number of highly rated initiatives that espouse Environmental, Social and Governance (ESG) policies, and we’d be happy to discuss your personal moral compass at any time.

High net worth household insurance in a complex subject, and it requires a thorough, systematic approach to each individual policy. We utilise the skills and knowledge of trusted partners to offer the right policy for the right client. To find out more, and to discuss your individual needs, please call 01382 721 191 and speak to a member of our team. We hope to hear from you soon.

Advice on travel insurance is available by referral only.