A general suite of insurance policies — homeowners insurance, auto insurance, life insurance, and more — is fairly common for individuals across various walks of life. But for high net worth individuals, it can be immeasurably useful to have an added layer of insurance protection, ensuring assets are protected in the event of any accident for which you are found liable. High limit personal umbrella insurance from a reputable insurer can provided just such a level of protection.
Why Purchase Additional Insurance?
As a high net worth individual, you may feel well protected by your current insurance policies. However, even generous homeowners, auto, and other policies have limits, which could be threatened in the event you are deemed liable for an incident. This is particularly true today, when personal lawsuits are increasingly common, and high net worth individuals may be more likely to be targeted.
High limit personal umbrella insurance not only provides a buffer in such cases, but more generally, ensures that you and your family will be secure if the unexpected occurs. Given the substantial value of your assets, you should feel entirely confident that they are protected.
Consultation with a reputable and thorough insurer about high limit personal umbrella insurance will allow you to proceed through life knowing that whatever happens, your finances will be secure.