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Catch up with the latest press releases from LV=

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LV= urges home-owners to ensure gold is properly insured

Press release: 20/04/2011

Martin Milliner, Head of Technical Claims at LV=, comments: "With gold reaching an all-time high, thousands of households are now underinsured for items bought just a few years ago. For example, an 18 carat gold bracelet that would have cost £3,000 in 2001 would cost £14,000 now. Gold jewellery is easy for thieves to remove from homes if not properly secured and nine out of ten home insurance claims as a result of burglary now include an element of gold jewellery.

"For anyone who has gold at home that has not been valued in the past two years, we urge them to have it re-valued as they now may be significantly underinsured in the event of a claim."


LV= is a registered trademark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies.

LV= employs around 4,500 people, serves over four million customers and members, and manages around £8.0bn (as at 31 December 2010) on their behalf, via LV= Asset Management (LVAM). We are also the UK's largest friendly society and a leading mutual financial services provider.

LVFS is authorised and regulated by the Financial Services Authority, register number 110035. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.