How HNW Families Can Protect Themselves and Their Wealth: Study

What You Need To Know

• Only 31% of wealthy respondents said that they are willing to accept greater financial risk to lower insurance costs.
• A quarter of affluent families said that theft and accidents had a high or very high effect on their wealth.
• Most high-net-worth families are engaging in some level of self-insurance, typically by setting deductibles higher or dropping riders to reduce premiums.