You are here: Home - Insurance - News -

Protect yourself

Written by:

Britain’s wealthiest homeowners are spending up to £5bn on security measures to protect themselves, their families and their properties, according to Zurich Private Clients, which has produced a report on millionaires’ perceptions.

The research reveals that over 90% of millionaires have invested up to £30,000 on security, with a fifth (21%) concerned that they are being specifically targeted by criminals because of their wealth.

More than a third (38%) of affluent addresses have suffered burglaries, and nearly a fifth (19%) have suffered at the hands of car thieves.

Over half of the nation’s wealthy (58%) say they are fearful of becoming a victim of muggers, 54% are concerned that their identity may be stolen and just under half (40%) were anxious about being car-jacked.

Hamish Brown MBE, ex-head of stalking, Metropolitan Police, said: “It’s the fear of crime that’s actually impacting upon people’s anxieties. Whilst this fear is unlikely to go away, there are steps that the wealthy can take to provide peace of mind, and this includes seeking advice from security and insurance experts.”


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Improve yourself

Some home improvements can add value to your property, but not all, according to Halifax.