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HNW homes at risk from underinsured wardrobes

By 2025-06-04T07:00:00

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’Revaluation should take place every one to two years, or upon major fashion market shifts,’ says head of private clients

High net worth (HNW) insurers have raised concerns over a growing protection gap in designer fashion collections, with the underinsurance of handbags, clothing and footwear becoming a more material concern as claims complexity increases.

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