21st of November is World TV Day. There is an estimated 27 MILLION TVs in the UK but only 40% of people who rent their homes have content insurance. That leaves a lot of TVs without cover.
Covers the contents of the house such as furniture and possessions. It also includes cover for tenant’s fixtures and fittings where the policyholder is the tenant. An example of tenant’s fixtures and fittings may be if you had spent your money on laying a carpet.
Many markets can tailor your policy to include extensions of cover. This means further optional cover extensions can be added to a contents policy (such as accidental loss or damage cover for personal possessions which are taken outside the home, legal expenses, etc.) If you work from home, it is possible to cover your office equipment. Most policies will have a limit on the amount they will pay out for any one item. The amount varies between insurers, so it is important to ask.
This would apply to anything that goes over the limit mentioned above. For instance, a bicycle worth £5000 would likely be a specified risk.
You may not think that you have much worth insuring, but how much would it cost you to replace absolutely everything?
Your furniture, TV, smart phones, laptops, clothes, musical instruments. The list is endless.
Any one of the following disasters can occur at any time, completely erasing what you have worked hard to own.
On average, a household has £35,000 worth of belongings.
The average contents policy, however, is £145 and can be done in a simple phone call – 01924 8772204