According to a new poll by Post Office Insurance the average adult in the UK believes they are worth around GBP350,000.
Over 2,000 people were polled by Post Office Insurance to try and find out the perceptions people have about themselves and how much of a contribution they make. People were asked to add up their value, with the average amount providing the GBP350,000 figure shown above. There were regional variations of course, with London way ahead of anywhere else at GBP500,000 while the East Midlands came in bottom, averaging GBP300,000.
Interestingly, having realised how much was at stake, nearly 40 percent of respondents felt that it was important for them to take out life insurance. A Post Office Insurance spokesman was very pleased to see this response and hoped that they would indeed get their lives protected since the financial consequences of not doing were clearly considerable.
Apart from all the other costs associated with having children Abbey National are warning parents that home insurance is essential so as to be covered for likely accidents.
Each year, according to a new Abbey National study, children cause damage costing more than GBP500 million across 2.5 million homes in the UK. It is the toddlers who are the ones to watch, as the study revealed those aged between 1 and 5 cause nearly a quarter of all the household accidents.
The Abbey National data also showed boys to be twice as troublesome as girls in the household damage stakes, while the most common home insurance claims for damage caused by children are on paint or wallpaper, furniture and items being broken.
A recent study carried out by Zurich Insurance has shown that over half the consumers in the UK have never taken financial advice from a qualified advisor.
It may be an age related matter since the 18 to 24 year olds have the highest percentage of people without advice, 84 percent. Even for those aged 35 and over though there are still half of them who have never received financial advice. Zurich Insurance are urging everyone to consider speaking to finance professional in order to best arrange their finances.
At times of difficulty such as those being faced in the UK currently it is more important than ever to receive sound financial advice since there is a greater likelihood of problems when the economy is slow. Whether it is a Zurich Insurance financial advisor or one from another company the important element is to take advice from an expert.
