Recently there was a number of stories centering on that fact that home owners where being caught out by the lack of personal liability cover in their home insurance policy.

Yet now according to Esure home insurance, personal liability claims are the least common type of claim made on home insurance policies. Yet those that are made tend to be large and extremely serious.

The insurers suggested that it is a good idea to maintain your home and keep pets under control are good tips to significantly reduce the risk of a personal liability claim.

Financial analyst Defaqto has just reiterated the importance of critical illness cover, noting a "lack" of it within the UK.

Ben Heffer, Principal Consultant for Life and Protection at Defaqto, said that providers "must be prepared to devote more marketing effort to protection, particularly income protection".

Although it is the last likely reason you may claim on your insurance policy, it could also be the most costly if a claim was made against you and you where not covered.