Palmers Green Blog: April 2017

High Net Worth Insurance – Is it for you?

High Net Worth Insurance – Is it for you?

Wealth in the UK is growing year upon year. A report published by the Office for National Statistics in 2016 showed the UK’s net wealth had risen to £8.8 trillion, with each household worth an average of £378,000. For the first time in British history there were over 1 million households with a net worth of over a million pounds, meaning the UK has the fourth largest number of millionaires globally, behind the United States, China and Japan.

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