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Life's biggest decisions 'add to your worth'
  
22nd August 2008
0 comments 0 comments | 2056 views 2056 views
  

The decision to move in with your partner will increase the value of your combined home contents by 65 per cent, new research has found.

When a couple decide to live together and the other partner moves in with all their cardboard boxes and CDs the joint lifestyle pushes the total home contents value up by 65 per cent, More Than insurance has claimed.

The research claims that should the same couple hear the pitter patter of tiny feet they will find the addition of a baby to their family will bump up the value of the home by around £2,000.

After years of changing nappies, tending to grazes and helping with homework, a child departing from the nest will cause a family's home contents value to fall by around £1,000 per year.

Dowshan Humzah, product director at More Than, claims that couples need to ensure that they regularly re-evaluate their home insurance to ensure they are properly covered.

In 2002, Essex University's institute for social and economic research reported that the average male in the UK leaves home at the age of 23, the Guardian reported.

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