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Are you sitting on an inheritance goldmine?

By Kirsten Hastings, 22 Feb 19

Hidden treasures around the home should be professionally valued, says Zurich


Gallery

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Just over half of Brits have inherited items, such as jewellery and antiques, from family and friends, but just 40% have had heirlooms like these professionally valued.

Understanding the true value of an item is not just important for home and content insurance purposes, but also to fully understand the value being passed on to a beneficiary.

The most commonly inherited items include:

  • Jewellery (51%)
  • Antiques; such as vases, furniture, silverware (26%)
  • Art/paintings (13%)
  • War medals (12%)
  • Coins/banknotes (12%)
  • Old toys (7%)
  • Designer/vintage clothing (3%)
  • Weapons; such as knives and swords (3%)
  • Sport memorabilia (2%)
  • Shoes (2%)

Click through the slides above to see tips from Zurich’s home insurance expert, Phil Ost, about where to uncover valuable items in your home.

Tags: Inheritance | Zurich

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.