High Net Worth requires specialist cover…

The pay-out is being able to enjoy leisure time with family and friends as an antidote to the stresses of everyday life, secure in the knowledge that high-value possessions, such as houses, cars, boats, jewellery, art etc. are fully protected by appropriate levels of insurance, arranged through a specialist provider.

Our highly trained team understands your needs when insuring high-value possessions and offers a professional, personal service, dealing with niche insurers whose policies goes beyond standard levels of cover. We recognise that every client’s needs are unique, and our objective is to tailor insurance to meet your individual requirements. This involves searching reputable, niche providers to secure cover where possible, in one bespoke package, with one policy and one premium.
 
All our High Net Worth policies provide the option to include accidental damage, personal liability and legal expenses as standard, with high-value items protected on an ‘all-risks’ basis.
 
House
Homes worth more than £500,000 or contents worth more than £1m may not be covered by a standard home insurance policy. We can arrange tailored cover through a leading insurer, ensuring your home and contents are fully protected, as required, including buildings, contents and accidental damage. We can also arrange cover for fine art, collections, jewellery, alternative accommodation, domestic employees and garden or estate land.
 
Motor
If your vehicle is worth more than £50k, a standard motor policy may not provide the right level of cover. Our High-Value Motor policies can offer comprehensive cover, with enhanced protection for agreed value settlements, like-for-like replacement vehicles, family driving extensions and driving other cars.
 
Possessions
High-value possessions such as fine art, antiques, jewellery, collectables, designer clothes and handbags require appropriate cover to ensure they are insured against loss or damage anywhere in the world. We can arrange tailored cover to meet your specific requirements, ensuring your valuable items are protected.
 
Motorboats and yachts
Motorboat and yacht insurance is a specialist field, requiring the appropriate cover through a  niche underwriter to meet individual needs. With links to leading insurers, we can arrange cover for most types of vessel, including damage, liability, personal accident, theft, hull and machinery breakdown on and off the water.
 
One policy, one premium
If we arrange a bespoke package with one insurer, this means that all covers agreed with you are included in one bespoke policy, and therefore, there is just one premium to pay. This means you don’t have to worry about arranging individual insurances. We understand that time is valuable and offer a high-level service with absolute attention to detail, ensuring policy wordings are adequate for your requirements and provide the correct level of cover, advising you on such areas as warranties, extensions and valuation requirements.
 
We also recognise that situations and circumstances change, sometimes quickly, requiring immediate amendments to your policy. We can assure you of our personal attention at all times, provided via our Private Clients Account Handlers.
 
If you require advice on any aspect of your High Net Worth Insurance, please don’t hesitate to get in touch. Either call us on 01992 703 000 or email us at: insurance@mcdonaghs.co.uk