High Net Worth Insurance

Private Client Risk Advisory

Chadwicks offers high quality private client risk advisory services, with an emphasis on personal attention and a discreet, confidential service.

We are deliberate in taking the time to understand your risk and, of course, to get to know you at the same time.

Get Clarity

Understanding Your Needs

Understanding the distinction between cover types is essential for safeguarding your valuable assets. Our select high net worth policies are designed for clients with a higher than average asset sums insured.

Higher than average sums insured, also means that the cover should be higher than average and it certainly is. For example, Accidental Damage asset cover usually comes as standard (often referred to as All Risks Asset cover), resulting in wider cover and a policy with fewer restrictions.

Cover Comparison

All Risks vs Insured Events

Standard insurance policies typically operate on an "Insured Events" or "Insured Perils" basis, covering only specific listed perils. Consider these scenarios:

Natural Disaster

A massive boulder rolls downhill and destroys your luxury home.

Smart Home Failure

A smart home controller malfunctions due to an accident while you are abroad, damaging your temperature controlled wine collection.

Power Surge

A power surge destroys valuable electronic equipment throughout your home.

Under a standard "Insured Events" policy, these incidents may not be covered unless explicitly listed. Even when covered, payouts are often significantly limited to predefined sums insured.

"All Risks" cover provides substantially broader insurance protection, essentially covering accidental loss or damage unless specifically excluded, without restrictive limits on insured items. For individuals with assets exceeding R3 million, this comprehensive cover prevents exposure to significant uninsured financial losses.

The Difference

Standard vs High Net Worth Insurance

Standard Policy Limitations

✗Cover limited to specific listed events

✗Sub-limits on claims that may not reflect the true value of premium items

✗Accidental damage often excluded, limited or available only with additional premium

✗Call centre service rather than personalized attention

✗Car Hire usually not included automatically

✗The Average (Underinsurance) clause reduces claim payments proportionally

High Net Worth Benefits

✓No proportionate Underinsurance (Average) clause to reduce claim payouts

✓Automatic 30 Day Car Hire inclusion

✓Worldwide All Risks cover for personal effects

✓Extended Personal Liability protection

✓Complimentary risk assessment of primary property and assets

✓Premium services including concierge support and emergency assistance

✓Competitive pricing compared to multiple standard policies

✓Asset All Risks cover up to limits you select, without itemizing individual possessions

✓No excess for clients over 55

✓Specialist coverage for fine art, collectibles or high valued cars on an agreed value basis

Personal Insurance Risk Audit

Signs You Have Outgrown Standard Insurance

Applies to you: 0 / 10

Select those that apply

01Multiple properties, luxury vehicles or classic cars

02Several assets specified under an All Risks section

03More than one personal insurance policy

04Residence in a security estate

05Fine art or collections requiring specialized valuations

06Designer contents or furnishings

07High value jewellery or similar assets

08A proportional Underinsurance (Average) clause in your Building or Contents sections

09Combined personal assets exceeding R3 million

10Reliance on call centres rather than a dedicated Risk Advisor familiar with your needs

Get Clarity

Ask Yourself

Critical Questions

To evaluate if your current policy meets your needs, ask yourself:

Is your Accidental Damage Cover in excess of R3 million? (For House Contents / Building).

How would your insurer respond to loss relating to non commoditised assets like art and collectables?

Can you reach a dedicated Claims Specialist and Risk Advisor?

Do you have Emergency Assist Services 24/7?

Has the Average (Underinsurance) clause been deleted from your insured assets policy?

If the answer to any of these questions is "No", your cover is inadequate and we recommend you contact a professional Risk Advisor.

You Are Exclusive

Boutique insurance.Not commodity insurance.

We give you what you need, not necessarily what you want. It is a blunt statement, but it sets the course clearly and honestly.

Chadwicks is not for everyone. We work best with discerning clients who want a specialist who understands risk and insurance better than they do and who rely on that expertise to make well informed decisions.

If you are looking for someone to follow instructions, get cheap quotes and ignore your claims history, we are probably not a good fit.

If you want a brokerage that knows more about insurance than you do and who uses that judgement to help you structure your cover properly, you will feel right at home here.

Cut Risk. Not Corners.^™

Private Client Risk Scorecards

Assess your risk by yourself

Private Client Risk Score

A high level private client risk assessment to test whether your insurance policy will respond at claim time.

Private Cyber Risk Score

A high level private client cyber risk assessment to test whether your cyber insurance will respond at claim time.

D&O Personal Risk Score

A high level personal risk assessment to test whether you are protected from claims made against decisions you have made.

Getting Started

What do you prefer?

Do you "Prefer To Talk" to someone? Leave your name and number and a Chadwicks Risk Advisor will call you as soon as possible. Or, go straight into "Review My Risk".