Suncorp‘s Executive General Manager of Personal Insurance Jason McCraken has warn under-insurance is a significant problem in Australia. “Its alarming to think that many householders are putting themselves at great financial risk by not having an adequate level of insurance”
Before purchasing house and content insurance he advised home owners “make sure you go through the house and consider your content items room by room. Think about any new purchases, and remember to include the contents of your wardrobe and children’s toys and belongings..”
“House holders should review their policies every year” said Mr McCraken
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