High Value Home Insurance from Iprism Private Clients is designed exclusively for owners of mid/high-net-worth homes and collectors of fine art and other valuables. More than a standard homeowners insurance policy, high-value home insurance is one of the more comprehensive insurance policies on the market, and typically provides a higher quality of coverage.
Target risks
- We can consider the majority of risks except: homes with thatched roofs, footballers’ homes, motor
traders/car salespeople working from home, jewellers working from home, extensive equestrian
activities at the home
Key policy features
- Cyber cover on on all our High-Net-Worth policies as standard
- All Risks worldwide cover as standard
- Accidental Damage cover as standard
- Single article limits of £15,000 for jewellery & watches and £25,000 for art & antiques
- Alternative Accommodation paid for up to 5 years including domestic pets and horses
- Cover for trace and access up to £50,000
- Personal money covered up to £5,000, increased to £10,000 within a locked safe at the home
- Cover for contents in outbuildings as standard
- Trauma Cover following a violent crime at your home
- Cover for personal belongings of permanent members of the home whilst away at university, college, or boarding school, as well as dependant relatives who are resident in a nursing home or residential care home
- New acquisitions up to 25% of the sum insured within 60 days
- Large Loss waiver for claims over £10,000
- Legal Expenses, Home Emergency and cyber cover included as standard
Key benefits to members
- Response from an underwriter within a working day
- Bespoke rates for BIBA members
- Support from an expert, UK-based team available via telephone and email
- Enhanced commissions’
