High Net Worth
Mr and Mrs T. of North London had for a number of years been insured through a broker on a well known national Insurers ‘run of the mill’ product. The ‘previous’ broker had never visited the client at their home.
The house was a Grade 2 Listed property and the home and contents plus the Insured’s 4 motor vehicles (including a rare Porsche) were all insured, with the same insurer yet under a total of 5 separate policies with 5 different renewal dates.
How Merritt Insurance Services was able to help:
We visited the client in their home and following discussions realised the existing sums insured for the home, general contents and fine art was seriously inadequate.
We obtained a market leading insurance product for the client with £250,000 combined higher home and contents sums insured than they currently had with a reduction of just under £1,000 in annual premium.
In addition we were able to include all of the motor vehicles on an ‘agreed value’ basis under the same household policy with possibly the best motor insurance coverage on the market for a saving of around £600.
By following our advice the client was able to save around £1,600 a year off their annual premium, with significantly higher sums insured of £250,000 on a combined insurance policy that provides possibly the best cover on the market for all their tangible assets.
One policy with one renewal date covering the buildings, public liabilities, legal expenses, general contents, art, antiques, jewellery and high value motor vehicles provides true peace of mind coverage with no gaps or duplicity in coverage and simply takes away the hassle of buying insurance.