footballdave
footballdave
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Expert Financial Adviser Answer
Darren Smith
answered 1 year ago
potentially, yes.

It all depends on what cover you applied for when you took out the policy. Often people use comparison sites to get the "cheapest" quote only to find it doesnt include accidental damage (not good when you fall through the loft into the room below, or hit a nail through a pipe or the kids spill ribena on the carpet etc) and the same is true of "personal possessions or cover away from home" which is the element you are referring to.

its often found out too late that the reason it was so cheap is that the benefits have been stripped down.
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Expert Financial Adviser Answer
Darren Smith
answered 1 year ago
usually when you have specified items as "personal possessions" within an insurance policy it will cover them globally but you must check with your insurer first.

the reason for checking is that some insurers will ask about high risk items within the home (home office equipment, games consoles, jewellery, antiques) so that they know what their potential risk is in the event of a claim but they wont necessarily charge an extra premium. some insurers will impose a limit on high value items which could be a flat £ value or a % of the total sum assured.

if you dont have your insurance policy schedule of cover ask the insurance company to issue another, they might charge for this though but some insurers are now giving access to documents online so that all you need to do is log in and download them.
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Expert Financial Adviser Answer
Paul Ross DipPFS CII(MP&ER)
answered 1 year ago
Buildings insurance cover is based on rebuilding costs, so often not. Most of the time if you pay £150,000 for a house, this will include the land, garage etc and you would expect to pay a lower amount for rebuilding costs, which is always mentioned in the surveyors report, so in answer to your question, no.

The cost is dependent on where you live as it will cost a lot more for a buildings insurance policy in a city than it is in rural areas, and the type of house you have and its age, so it is impossible to give you an idea of how much you should pay. It is best to look on a price comparison site - that should give you a good indication
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Expert Financial Adviser Answer
Sam Pull
answered 2 years ago
Mortgage protection insurance is not a legal requirement. However if you are taking out a mortgage to buy a property, your lender may ask you to have this insurance. This is to protect them against the possibility of you losing your income and defaulting on your payments. You do not have to take out the mortgage offered by your mortgage lender though, so shop around for the best deal.
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footballdave
answered 2 years ago
I recently went to Greece and spent less than I had planned. It helped having a budget in place. Checkout http://www.simplyfinance.co.uk/calculators/cost-of-holiday-per-person-calculator.html before you start spending your cash
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zoewildsmith
answered 2 years ago
May I suggest you look to the Cash Plan market whereby Homeopathy is generally within he standard therapy cover. If you can get the scheme paid for by a company pre existing medical questions maybe covered. 100% rebate up to set limits. www.westfieldhealth.com (Corporate plans start from £1 per person, per week)
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footballdave
answered 2 years ago
I would start by defining your goals and objectives. Are you looking to build wealth, preserve capital, build savings to pay for home or pay for education, and/or retire by age X with Y in incomings? I would then understand your risk tolerance. Then I would begin researching the various financial instruments that are available that allows you to reach your goals and objectives while being tolerable to your risk appetite. Lastly, keep in mind that success investing is a very time consuming process. For my own situation, I ultimately ended up investing in mutual funds since I don't have the time.
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MoneyTalks
answered 2 years ago
There are a few start-ups trying to replicate Mint's success. Most notably, MoneyDashboard and LoveMoney offer a personal finance management (PFM) solution in the UK and MoBank offers a mobile banking solution.

I know Kublax was unsuccessful, so hopefully these other players have a solution and enough capital to make it work.
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