How do advisers address the complex needs of HNW clients?

Placing life insurance policies for HNW clients

clock • 4 min read

Holly Hill explore how advisers can best serve the high net worth community and deal with their complex needs

There are a number of additional things to consider when placing large life insurance policies for high net worth (HNW) individuals. These clients will typically be more challenging from both a financial and medical underwriting perspective given the atypical nature of their financial affairs and personal hobbies, and advisers must be prepared for this from a client handling and expectation management standpoint. Working with other advisers It is important to note that HNW clients typically have a wider advice team supporting them. This might include lawyers, accountants and trustee...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA Awards 2025: Get your entries in by Friday!

PA Awards 2025: Get your entries in by Friday!

Deadline to enter the 20th anniversary awards is approaching

Professional Adviser
clock 17 September 2024 • 2 min read
Reeves warned against 'mistakes of the past' repeat on spending cuts

Reeves warned against 'mistakes of the past' repeat on spending cuts

'Painful' Autumn Budget expected on 30 October

Linus Uhlig
clock 16 September 2024 • 2 min read
Brits risk missing out on retirement savings due to delayed advice

Brits risk missing out on retirement savings due to delayed advice

'A good financial adviser can help you look past your short and mid-term savings goals'

Sahar Nazir
clock 13 September 2024 • 1 min read