There is no insurance against a broken heart, says AA Insurance, but those planning to pop the question on a foreign break this Valentine's Day need to ensure they have extended home insurance in place to cover engagement rings.
Research by the insurance company reveals that almost a third of couples that go on a holiday abroad in February are likely to come back as betrothed pairs.
Getting engaged abroad is "definitely a growing trend", comments the managing director of AA Insurance Kevin Sinclair.
"And with so many diamond rings being nervously carried in pockets, jewellery can easily be lost, damaged or even stolen," he warns.
However, home insurance cover could be extended to include jewellery anywhere in the world, Mr Sinclair points out.
"If you've spent a small fortune on a ring, you can at least cover that cost if it all goes wrong – even if you can't insure against a broken heart," he says.
AA Insurance found that over 100,000 people who went down on bended knee on foreign soil had their offers of marital bliss declined, costing them an average £1,165 for holiday expenses and the ring.
Insurance company proposes cover
Financial Services > Home lnsurance > Home Insurance News
Insurance company proposes cover
Thu, 09 Feb 2006
Recommended links
Re-evaluation time for home contents insuranceCompare Home Contents Insurance Deals from Top Insurance Providers
Valentine Days Proposal - Compare deals for engagement rings
Ideas for romantic breaks for Valentines Day
Get Travel Insurance for your romantic holiday
| Home Insurance news |
|---|
| Home insurance warning over bikes - Tue, 18 Nov 2008 |
| Home insurance warning for holiday makers - Mon, 17 Nov 2008 |
| Tesco offers home insurance discount - Fri, 14 Nov 2008 |
| More News |
Save on Your Mortgage
Would you like to save money on your mortgage? Fill out our quick mortgage enquiry form.
Protect Your Health
Find Critical illness, Life and Private Medical Insurance PMI policies.