The partnership is effectively following a model pioneered by Tesco. All products will be supplied by partner organisations, such as Axa and Expedia, and next year Friends Provident is expected to join to provide life assurance and Cox & Kings will start offering its up-market travel services
Garry continued: “ Perhaps even more worringly is the finding that many people appear to be seriously under-estimating the value of their home contents. Except for two regions, the South East and East Anglia, people valued their home contents below £15,000. Legal & General has calculated that for an average three bedroomed home the value of the contents could be at least twice that amount, at just over £35,000. We would advise everyone to review their home contents insurance and in particularly check that any purchases made during the summer, such as the new TV to watch the World Cup or for the digital switchover is adequately covered.”
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