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'While in an ideal world we would all be insured for everything, motor insurance is the only policy consumers are legally obliged to have,' says Peter Gerrard, head of insurance research at price comparison site Moneysupermarket.com.
In addition, all employees must be insured for work-related disability; this additional NI insurance premium is paid by employers.
"I know it's unusual for the insurance guy to say this, but they may be insured for too much," said Mr. Fiske.
However, not a single region came near the insurance industry's rule-of-thumb that people generally should be insured for seven times annual income.
Gorski's children are on Medicaid and, as a result, should be insured for therapy.
But a Fender Classic Stratocaster, for instance, can be insured for around £2.45 per month".
Similar(27)
If you have an ongoing medical condition that you aren't insured for, or expect not to be insure for in the future, consider saving your medication instead of disposing of it.
The work was insured for $3 million, and the insurance company paid in full.
HIPAA further prohibits discrimination against patients by insurers for pre-existing conditions if the patient has been insured for at least 18 months.
The objects are insured for $650 million.
Ms. Hart's legs were insured for $1 million.
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