The following are
some of the findings of a 2020 survey of high net worth individuals’ and their
views on insurance as a financial instrument, and part of their portfolio. This was conducted by AIA and Ernst &
Young. In an uncertain economic
environment, high net worth individuals tend to buy more insurance because it
is safer than most other assets, excluding gold. This makes sense because the more wealth we
have, the more we have to lose.
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