UK Accounting Glossary
Contents insurance should be considered by all householders whether or not they have a mortgage.
Contents insurance covers items such as furniture; carpets, curtains; electrical goods and many policies also cover personal possessions, which may be removed from the home. This is separate to buildings insurance.
Most home contents policies cover loss or damage to your possessions in your home from a series of risks.
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This glossary post was last updated: 15th February 2020.