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- Title
10 QUESTIONS HELP REVEAL IF WEALTHY CLIENTS ARE OVERPAYING TO BE UNDERINSURED.
- Authors
Boyd, Mary
- Abstract
The article presents 10 questions that will determine if wealthy clients are overpaying to be underinsured. Topics discussed include whether a clients' coverage amount matches their net worth and future employment income stream, if they have employment practice liability insurance if they employ household staff like nanny, caretaker or chef, and if the client and the agent were able to discuss safety and loss prevention devices in their homes and cars.
- Subjects
HOUSEHOLD employees; LIABILITY insurance; RICH people; HOUSESITTING; LOSS control; OVERPAYMENT; WAGES
- Publication
Journal of Financial Planning, 2014, Vol 27, Issue 6, p7
- ISSN
1040-3981
- Publication type
Article