You are here: Home - Insurance - News -

Half of engagement rings uninsured

Written by:

A massive 50% of women in the UK are wearing uninsured wedding rings – representing more than £35bn worth of uninsured jewellery.

ent of newly engaged couples don’t know they need to take out extra insurance to cover their engagement ring, according to insurance comparison website, Compare the Market.
In fact, 15 per cent admit to not even considering insuring it, mistakenly believing it will already be covered by their current home insurance (18 per cent).

Jeremy Moll, managing director of Compare the Market, said: “Even though engagement rings factor highly on our list of most treasured possessions, it’s surprising to learn how many couples don’t make provisions for them if the worst should happen.”


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Unwanted children’s toys worth thousands

Parents are failing to cash in on a potential goldmine of unwanted children’s toys, according to research from online trading...