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New TV for World Cup could be 'costly'

- Wednesday, 9 June 2010

Consumers may find it harder to stay on top of debt management plans if they choose to invest in a new television in order to watch the World Cup.

Churchill Home Insurance states that 18 per cent of households are planning to buy a new set in time for the football tournament and five per cent have already done so.

These devices can be costly but financial difficulties may occur if the TV is accidentally broken or stolen.

Thieves will be looking out for empty TV packaging, which encourages them to break in, warns the firm.

Martin Scott, head of Churchill Home Insurance, said: "Over half of respondents said they put empty TV boxes straight in the recycling bin and seven per cent put packaging straight in the rubbish as it is.

"Leaving packaging outside the house advertises the brand new TV to opportunist thieves."

Uninsured victims of these crimes could face a hefty bill, which will give them less money to put towards a debt management plan.

According to Clydesdale and Yorkshire Banks, uninsured consumers face an annual bill of £200 million altogether.



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