Parents could save on children's student insurance

Parents have been advised by one home insurance provider that their children's possessions may already be covered when they go to university, eliminating the need to insure both the parental and student homes.

Contents insurance providers often include a clause which means the policy holder's children are insured too.

This is a serious aspect of a child's move to university, as once computers, DVD players, iPods, TVs, stereos and mobile phones are all added up the cost of failing to cover such goods accurately can be thousands of pounds.

There will often be particular terms involved with the conditions under which a child's goods are covered and so reading a home contents insurance policy thoroughly is essential.

September 25^th 2008

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