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Daily Insurance Industry News
Saturday 24th of June 2017
November 28, 2007

Tesco Home Insurance offers free Christmas cover

by Gill Montia

Story link: Tesco Home Insurance offers free Christmas cover

Tesco Home Insurance is offering customers extra cover over the Christmas period at no charge.

The retailer is providing an additional 10% of contents cover from December 1st 2007 to January 15th 2008, and this can be combined with any other discounts relating to a specific policy.

Allan Burns, head of Tesco Home Insurance, is concerned that many people may not be aware that the value of gifts stored in their homes means they are exceeding the limits of their regular contents insurance cover.

Bradford & Bingley has also issued special advice in the run up to Christmas, and is warning consumers to protect their belongings, particularly if they are travelling abroad for their shopping.

Whereas Abbey Home Insurance points out that around 2.9 million of the population begin shopping for Christmas presents in January, so that insurance policies with limited additional Christmas cover are ineffective.

According to Apacs, the payments services body, UK consumers could spend a total of £53 billion during the Christmas season.

 

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