Legal & General Insurance warns students over valuables
www.moneynews.co.uk > Insurance > Legal & General Insurance warns students over valuables
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Legal & General Insurance warns students over valuables
Fri 29th Sep 2006
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The average value of students' possessions that they keep in their digs now stands at £13,358, according to Legal & General.
The insurance provider points out that this amount is almost equivalent to the average level of student debt, which a YouGov study in July estimated at £13,525.
During the summer, a third of full-time students bought portable electrical equipment. One in five of these purchased an iPod or mp3 player.
This shopping has boosted the average value of contents kept in a student's bedroom to £2,132. Legal & General points out that this is nearly £1,000 more than in other bedrooms across the country.
Andy Dawson, operations director at Legal & General's General Insurance business, said in addition to PCs, laptops and mobile phones, students often also have their own TVs and DVD players.
He added: "So it is worth checking that their insurance cover is at an adequate level and whether there are any limits on high risk items, such as computers."
Related News : Insurance |
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Related News : Legal and General |
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