Property, Liability, Life and Pension Insurance Products

Wealthy customers have more complicated programs and insurance needs since they possess property in different jurisdictions, own different types of property (lands, estates, yachts, golf houses and etc.) and articles of luxury, which must be insured. These products, in general, relate to category of wealth protection products, which is the growing segment in wealthy people services.

Other insurances include life insurance products, funded and pension product insurance in combination with investments (unit-linked products), allowing investor to choose investment banker and strategic management. These products, called Insurance Wrappers, became widely popular because of possible minimisation of taxes for both private individuals and investment funds including hedgefunds. Usually, minimum premium in this type of insurance starts with 1 million EUR.

Baltikums Private Bank in co-operation with life and risk insurance companies has rich experience in consulting customers in property, liability, life and pension insurance.