Number of JSA claimants soars
March 13, 2010 by admin
Filed under News, News Utilities
According to recent figures the number of people that are now seeking Jobseeker’s Allowance has soared, going up to 1.64 million in January. This reflected an increase of 23,500. Read more
Tags: unemployment, summer, failure, uk, jobseeker's allowance, Bad news, time, Employment law
Consumer group warns on insurance for music downloads
July 31, 2007 by admin
Filed under News, News-Insurance
A consumer group has issued a warning relating to insurance cover for music downloads. Downloading music has become a hugely popular way for younger generations in their teens, twenties, and thirties to enjoy listening to their favourite music.
However, Which? has carried out a survey into insurance cover for music downloads and is urging consumers to be aware of exclusions relating to these policies.
According to the result of the survey carried out by Which? music downloads will not be covered by insurance if they are lost as a result of a computer virus – these music collections are often worth hundreds of pounds in total, and therefore can cause considerable financial loss to consumers. Many insurance firms also did not cover music downloads if they were lost as a result of hard drive failure.
As part of the survey 46 insurance firms were reviewed by the consumer group, and out of these only 22 actually offered insurance cover for music and digital downloads. The cover is offered when the downloads are lost as the result of fire, weather conditions, or theft. However, out of the insurance companies surveyed none of the policies offered provided protection against loss of music through virus or computer failure.
One spokesperson from Which? stated: ‘Downloading music online is widely accepted now as being the easiest and most convenient way to buy music. Music lovers know it, the music companies know it – but it seems insurance companies are determined to stay behind the times.” Consumers that do take out this type of cover for their music and digital downloads should ensure that they know what is excluded from the policy, and therefore consider whether the cover is actually worth the cost.
Tom Smith
31st July 2007
Man bag risk
July 7, 2007 by admin
Filed under News, News-Insurance
An increasing number of men are carrying ‘man bags’ around with them on a daily basis and may be running the risk of losing a host of valuable items.
Women are regularly warned about the dangers of carrying too much in their hand bags and not being insured but it seems that men are taking an even greater risk.
Research by LV= General Insurance shows that the average ‘man bag’ carrier has more valuable items on him than a woman with a hand bag does.
Men’s bags tend to hold contents worth over £60 more than the average hand bag and this could prove costly if the items are not properly insured.
“Man-bags have quickly become a mainstream accessory, helping men lug around their ever more valuable stash of gadgets and personal effects,” said Andrew Beard from LV=.
“British men and women now routinely carry around more than £10 billion worth of possessions – not to mention the cost of the bags themselves and any cash carried – so failure to insure your bag and its contents away from home could prove a costly oversight.”
Around 13.8 million British men now regularly carry a ‘man bag’, along with contents worth an estimated £4.4 billion.
