Newly-weds urged to consider insurance needs

Posted : 05-04-2005

This weekend's royal wedding has prompted calls by insurers for newly-weds to renew their home insurance policies to protect against any eventualities.

With weddings and divorces often bringing changes to housing arrangements, and thus household contents, insurers are urging consumers to update their home insurance policies.

Anyone planning to move in with his or her partner are urged ensure that they review and update their policies, so that all household items and valuables are covered.

"It is vital that people in this situation [who have recently changed their housing situation] re-assess their insurance needs, especially for any heirlooms or collectibles, to ensure that everything in the new shared home is covered," said David Norton, head of marketing at Halifax General Insurance.

"It could be a costly mistake not to. Unless you already have unlimited contents cover you will almost certainly need more insurance than you had before."

Consumers are advised to take pictures of their belongings and make as accurate valuations as possible when reassessing their insurance.

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