Saturday, October 22, 2011

Contents Insurance - Your Questions Answered

How does the "sum-insured" method of deciding the level of cover differ from the "bedroom-rated" method?
Levels of cover may be selected in different ways. With sum-insured cover, you need to calculate the cost to replace your possessions and your premium is worked out by the insurer based on this information. Bedroom-rated cover is simpler as it is based on how many bedrooms your house has. We recommend that you obtain quotes using each method of valuation before deciding which is right

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