Asset Protection Insurance

Insurance designed to protect specific assets from loss or liability. In a broad sense, any insurance that safeguards an asset�s value (like house insurance for a home, or car insurance for a vehicle) is �asset protection.� NZ context: businesses might use liability insurance as asset protection, ensuring that a large claim doesn�t force sale of assets. Also, legal structures (like trusts) are used for asset protection, but that�s not insurance.