Insurer urges home owners to check alarms
Spring cleaning is an ideal opportunity to carry out checks on home security devices, according to a leading home insurance provider. A study conducted by Legal & General found that 30 per cent of households now have a burglar alarm. However, half of alarm owners admitted that they never checked whether the device was in good working order. Elaine Parkes, head of technical services for Legal & General's general insurance business, urged homeowners who will be dusting the alarm off as part of their spring clean to check it is functioning correctly at the same time. Ms Parkes added: "Customers are required to take reasonable steps to safeguard their property and contents against loss or damage as part of the terms of their household insurance cover. "This includes ensuring that their property is maintained in a good condition. These simple checks should give customers confidence that their property is safe and secure and more importantly, covered by meeting the terms of their policy."
Share this..
Related stories
Will the European Commission exit the recession stronger than before?
As the Greece debacle continues to roll on, despite the fact that a bailout package has been agreed, there is great discussion as to whether the European Commission will exit the current recession stronger than the European Commission which entered the problem times. So how could the European Commission end up with more power after such a difficult period? There are concerns within some member...
Read MoreWho is feeding the Alistair Darling and Gordon Brown row?
Speculation regarding the relationship between Alistair Darling and Gordon Brown continues today with more and more newspapers reporting a split between the two UK government powerhouses. While Gordon Brown is obviously the Prime Minister and the leader of the government, Alistair Darling does hold a very prominent position in the UK political arena. So who is feeding the Alistair Darling v Gordon...
Read MoreThen we had the Financial Policy Committee!
A Green paper issued today by the UK government will detail significant changes within the structure of the Bank of England and the creation of a new subsidiary to be known as the Financial Policy Committee. The new committee will be under the control of the Bank of England and will be responsible for "prudential regulation" of all investment banks, insurers and deposit taking institutions in the...
Read MoreLord Myners calls for Independent financial review
Lord Myners, despite spending months looking into the workings of the city and the financial sector, has called for an independent review of how the investment banking industry now dominates many different areas of UK society. Whether this is just yet another attention grabbing headline on behalf of the UK government or actually a policy which the authorities will see through in the short to mediu...
Read MoreUK government takes 43% stake in Lloyds TSB HBOS
The UK government has been left with a 43% stake in the merged Lloyds TSB HBOS entity after no shareholders took up the offer of extra shares. While this move was fully expected just a few hours ago there are concerns that the government is slowly taking a stranglehold over the financial sector in the UK although they appear to have very little input into everyday activities. If taxpayers are inve...
Read More