BUSINESS
MIND THE GAP
IS YOUR LIFESTYLE PROTECTED?
When flicking through a magazine packed with the trappings of a
3.
Warranties: Is your insurance subject to clauses that can
luxury lifestyle, it’s worth stopping to consider how well your own exclude cover in specific circumstances – for instance if you
possessions are protected. forget to set a burglar alarm?
Buying insurance for a wealthy lifestyle is rarely straightforward - and
4.
Peril-based cover: Is your home insurance limited to covering
without expert help you can never be certain of complete protection, ‘perils’ such as fire, flood, and theft, or do you have broader
until you really need it. cover offering more rounded protection?
With that in mind we’ve put together five questions to help
5.
Price versus protection: When choosing insurance, do you
you quickly decide how confident you are in your insurance focus on price first? A lower premium might not give you all the
arrangements. protection you need – and without expert help you could still
be overpaying, for instance for overlapping policies.
Take the Two Minute Test: Are Your Possessions Properly Protected?
1.
Gaps and overlaps: From homes and cars to jewellery and
fine art, you may be insuring a complex array of possessions,
Not sure? We’re ready to guide you. Get in touch for a no obligation
review of your insurance arrangements. We can work on your behalf
to find the ideal solution, so you get true peace of mind.
possibly via more than one policy. Are you confident that you
are not paying twice for the same cover, or worse, that items are
falling between policies and aren’t covered?
2.
At Ellis David we specialise in cost-effective, tailored insurance
Valuations: When was the last time you had your possessions solutions for high net worth customers. To find out more, visit
valued? If they have increased in value, your cover could be ellisdavid.com
insufficient to protect them.
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Call 020 7354 3881or email [email protected]
The Art of Luxury
Issue 37 2019