|
|
|
|
Is your home insurance valid this bank holiday weekend?
Expatriate Medical Insurance news about Medical Insurance, Health Insurance, Health Care Insurance, Expatriate Health Insurance, Affordable Health Insurance, Cheap Health Insurance.
Home insurance can become invalid over the vacation, and according to Confused.com it is not just traveling insurance you should be considering this bank vacation.
Managing manager of Confused.com, Debra Hank Williams, claims that because a bank vacation weekend is a popular time for DIY and home improvement, homeowners should take precautions to ensure that their homes remain adequately insured person.
According to Ms Hank Williams, failure to notify insurers of any alterations made to a home can invalidate the home insurance. Alternatively if you are acquiring someone else in to do the work, gift a working man a key to your house could cause the home insurance to be void because of potentiality security breaches.
When practicing DIY, Confused.com warns of the importance of glade up and not departure items like ladders or toolboxes out that could attract or aid a potentiality burglar. Home insurance can be complicated; Ms Hank Williams warned of the importance of checking your home insurance cover:
"Checking with the insurance company is the best way to ensure that you are protecting yourself from unforeseen costs when pickings on DIY undertaking. Homeowners must find out what is already covered inside their policy and take out extra cover for everything not included."
However, according to nationally it is not just home insurance that should be a precedence this weekend. Recent research has shown that as many as one in three holidaymakers fail to take out adequate travel insurance before going away.
A bank vacation is a popular time for travel and without adequate insurance, travellers could find themselves on their own if they are affected by cancellation, medical exigency, or theft of belongings and valuables.
Nationwide's insurance director, Robin Pearl Bailey, said: "It is astounding that people are prepared to take such a gamble when travel abroad. You never know what's around the corner and for that reason it is vital that you have adequate travel insurance in place."
The study also showed that while 54 per cent of those questioned take a holiday more than once a year, only 30 per cent of holidaymakers opt for annual travel insurance.
Mr Bailey continued: "As many of us are choosing to holiday more frequently throughout the year, it is always worth considering the option of an annual travel insurance policy."
©Fair Investment Company Ltd
|
|