Index Financial

Receiving expensive gifts increases the value of insurance you need to stay protected, which means you may want to re-evaluate your current home insurance coverage.
Direct Line noted that jewellery is an especially popular choice; which Britons may spend nearly £467 million on this year to swoon their loves’ desires.
“Insurance is probably the last thing on most people’s mind when they are showering their loved ones with gifts on Valentine’s Day,” stated Andrew Lowe, Head of Direct Line Home Insurance. Adding, “Having the right cover in place could prevent heartache if the unthinkable happens and that precious item is lost or stolen.”
Direct Line also advised customers to keep their proof of purchase and take photographs of all new items of any real value. This provides evidence of ownership to the insurer, should the item be stolen or lost from home damage. Since jewellery is a popular choice of gifting not only on Valentine’s Day, but also during Christmas season, now is a perfect time to take stock of valuables and make certain they are declared on policies.
In addition, the insurance company also recommends that homeowners review their policies and make sure everything is up to date due to recent damaging and unpredictable weather conditions.