Becci and Usman have just moved into their first home. They have been advised by their mortgage
provider to take out home insurance. They have just spent a large amount of their spare money on
decorating the house so ideally want to pay for their home and contents insurance monthly
The couple have used a price comparison site to help them compare a number of different policies
However, they are unsure which policy would be most suitable for them.
Figure 1 Home and contents insurance policies
Provider
Halifax
Annual price
£144.13
Total excess
Buildings £350
Contents £350
Hastings Direct
€152.69
Monthly Price
1x €17.79
11XE17.82
Total = £213.81
1x £15.28
11x £14.56
Total £175.44
1x £14.03
11 x £14.07
Total = 168.80
Buildings £350
Contents £350
Lloyds Bank
E153.32
Buildings £275
Contents £275
Question 5 (12 Marks)
Evaluate which home and contents policy would be most suitable for Becci and Usman.
Answers: 1
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Becci and Usman have just moved into their first home. They have been advised by their mortgage
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