There are other forms of risk mitigation that apply strictly to the rich, such as umbrella policies, media insurance policies, etc etc etc. I'm not familiar wit

There are other forms of risk mitigation that apply strictly to the rich, such as umbrella policies, media insurance policies, etc etc etc. I'm not familiar with very many of them, but they can often be costly. These are needs that the poor will never have, because no one will ever imagine suing them (as they don't have anything worth the effort and cost).