People who have many assets require several types of insurance to protect against a range of potential losses. The policies needed for full protection will be a mix of various insurances, and any high net worth insurance plan must be crafted to meet the individual needs of the client.

A Customized Approach to High Net Worth Coverage

At Timeless Insurance Solutions, we work to develop a comprehensive insurance plan that truly makes sense for high net worth individuals and families. The types of policies that may be required can include:

• Commercial policies for individuals that own businesses and commercial properties or employ workers
• Workers’ compensation insurance
• Disability insurance
• Property insurance
• Employment practices insurance
• Key man insurance

Life insurance policies should also be chosen carefully. Probate can be a long process in high value estates, and over that period, you want your loved ones sheltered from financial trouble, with access to tax-free insurance benefits.

Personal assets can include valuable art, jewelry, expensive animals, and countless other personally owned property, each of which would be very costly to replace and should be properly insured. Personal liability protection is also vital for high net worth individuals. An umbrella policy adds another layer of protection against major claims and lawsuits, above and beyond the protection provided by your homeowners, auto, and boat insurance policies.

Call Timeless Insurance Solutions for High Net Worth Insurances

Reach out to us for a full review of your current coverage and for guidance in the range of insurance policies you need to protect your assets and your family.