Chubb: Planners Also Review P-C Coverage

Financial planners often make some effort to protect clients against property-casualty and liability losses as well as against threats to life and health.

Although only 9% of 102 financial planners surveyed by Chubb Group of Insurance Companies, Warren, N.J., said they have property-casualty agent licenses, compared with 34% who said they have life insurance agent licenses, 57% said they try to evaluate clients’ property-casualty insurance protection. More than 70% said they try to evaluate clients’ liability insurance.