The wealth that high-net-worth (HNW) individuals accumulate allows them to indulge in interests that most people can only dream about. The high-profile purchases, highlighted in celebrity interviews, of pieces of art, car collections grand homes and private aircraft are just a few of the indulgences the public gets a glimpse of in magazines or on television.
Yet there are some indulgences for which even the wildest imagination of the average person might not consider a need for insurance.
Among some of the less run-of-the-mill types of coverage HNW clients may ask for is mortality coverage for exotic animals in a private zoo, says Ray Condon, president of Aon Risk Solution's private risk-management practice.
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