The British Insurance Brokers’ Association (Biba) has today revealed that re-thinking home insurance after a wedding is vital.
According to Biba, couples are putting many items at risk by not ensuring that they are properly covered and that newlyweds should consider getting in touch with an independent financial advisor.
Wedding presents are becoming more and more valuable and friends and family lavish gifts on their loved ones - making it all the more vital to ensure items have home insurance policies.
Graeme Trudgill, manager of technical services at Biba, said: “The key thing here is to make sure that all your items are covered.
“Before you got married, you probably had £20,000 worth of stuff and one toaster. But after you get married you receive lots of wedding presents, jewellery, and seven toasters, so it’s very likely that you’ll just need to review what cover you have.”
His comment come as research from Direct Line Home Insurance has revealed that same-sex couples have paid out more than £62 million on civil partnership ceremonies in the UK since they became available in December 2005.
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