The text-book case of being under-insured is where the investment adviser covers all areas, they are licensed in but fails to check if the client's general insurance is in place. Read this classic case of under-insurance and the ramifications thereof in our recent case study.

Here are some of the insurance types that we are not licensed in advising in (click here to find out about our licensing)yet which we all need to be aware of:

1. Home & contents insurance: covering exactly what it means your home and contents should be adequately insured
2. Car, motorcycle, caravan, boat etc: to ensure all methods of travel are covered and including boats and lifestyle assets if you cannot afford to lose them.
3. Special items: jewellery, artwork, and collectibles etc
4. Health insurance: private health
5. Audit or investigations insurance: whilst we are not licensed as accountants we are able to offer this insurance through a group that carries this license and recommends that we offer it to our clients - read more about how we offer this through Audit Shield here.

So, when we ask you questions in our fact-finding function, it is to ensure that you are appropriately covered for all possible risks and if you are not to provide you with the information for you to choose the risk you are prepared to accept.