The HNWI’s asset and wealth-based profile showcase an intricate set of attitudinal, aspirational, and lifestyle characteristics that drive purchase choices and risk evaluation. This in turn frequently leads to a misunderstanding of liabilities and necessary insurance coverages. The US gained 42,000 millionaires in the last decade, ranking third behind Singapore and the UK. With such a steady increase of HNWI, it is necessary for them to understand what kind of liability coverages are required in order to be adequately protected.
Download the white paper here: Protecting The High Net Worth Client