Monday, December 21, 2009

M&S Money Urge University Students to Do Insurance Homework

Following a new M&S Money analysis which reveals that the capacity of an boilerplate apprentice bedchamber are account ?1650, acceptance branch to university are accepting apprenticed to accomplish abiding they accept adapted insurance.

The poll of 2,000 acceptance by M&S Money begin that the boilerplate apprentice bedchamber contains:
- ?718 account of electrical accessories and accessories
- ?498 account of clothing
- ?224 account of sports equipment
- ?210 account of argument books

The huge amount of a student抯 bedchamber is not surprising, with over bisected of acceptance (53%) owning an MP3 player, 52% possessing a laptop and 42% adequate movies on their own DVD player. The amount continues alfresco the bedroom, with a division of acceptance owning a bike.

The analysis aswell appear that 14% of acceptance accept been burgled while at university and 22% of apprentice cyclists accept had their bikes stolen.

Despite this, alone 16% of acceptance accept taken out their own insurance policy to awning their backing whilst active in apprentice accommodation. However, abounding humans branch to university will not charge to buy a stand-alone apprentice action and should analysis if their parents? home allowance action provides acceptable cover.

Steve Price, M&S Head of General Insurance, said: 揑nsurance may be the endure affair on students? minds as they adapt for the new bookish year. It generally feels like an accidental amount on top of aggregate else. Many acceptance would be afraid to apperceive that their backing may already be covered ? they just charge to analysis whether their parents? home insurance action covers their acreage if abroad from home.?

Students whose parents accept M&S Premier home capacity insurance could even adore absolute awning for their backing if abroad from home. This covers contest such as damage, flood or annexation from halls. Students are aswell covered if their bike is baseborn if they are at university, as continued at it is larboard anchored if unattended.

Notes to Editors
The poll of 2,000 acceptance was conducted by One Poll on account of M&S Money in August 2008.

About M&S Money
M&S Money (originally alleged Marks & Spencer Financial Services) was founded in 1985 as the banking casework analysis of Marks and Spencer Group plc. The aggregation is now a top-ten acclaim agenda provider and the second-largest biking money banker in the UK. M&S Money aswell offers allowance for homes, cars, travel, pets and weddings, as able-bodied as loans, accumulation and investments.

In November 2004, Marks & Spencer awash M&S Money to HSBC, one of the world's better cyberbanking and banking casework organisations with over 9,500 offices in 85 countries and territories. The business continues to accomplish beneath the M&S Money brand, with an controlling board absolute an according amount of assembly from HSBC and Marks & Spencer.

The aggregation employs 1,200 agents at its address in Chester, carrying claimed banking casework to its customers, absorption the amount ethics of Marks & Spencer - quality, value, service, addition and trust.

For added advice amuse alarm the M&S Money columnist office:
Liz Neild
M&S Money columnist office
Marks & Spencer Money
Kings Meadow
Chester
CH99 9FB
01244 686 068
www6.marksandspencer.com

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