I too have just been "paid out" by my insurance (home insurance) for some gear that got stolen, whilst out taking some shots, yes I did have an excess of £50, but they paid out very quickly, and yes I suppose my premium will go up but it does seem to every year!
I am covered for up to £2500 away from home, for camera or any items that can be used that way.
Even if you take out separate insurance and make a claim you are supposed to inform any insurance company on renewal that you have made a claim.
So I will stick with “home insurance” and not take more than £2500 worth of kit out with me,I wish I had that much.

Hi and welcome to the forum Ravi.

Well if it is too much, please don't comment on it.
This man is asking a price for his lens, If you want to send him a "PM" with a lower offer fine, but to "shout the odds" about his asking price is offensive.

If you are after very cheap try some of the Charity shops they quite often get old camera gear also the car boot sales, it is amazing what can be picked up. Take your camera with you and then you can try them out before you buy.

If i remember right, Hanimex was a brand name for Currys-Dixons, but I could be wrong?

Well as long as the K7 will do the same as the K20, DNG or PEF I don't mind as I use DNG anyway.

Well I have used the Nikon D300 with some very good Nikon glass, yes it is much better than the D200 in quite a few ways, mainly "noise", but the K7 is also superb at handling the higher ISO noise problem, Unlocker says the the AF and lock are also very good on the K7 I've followed his thread right through and found it refreshingly good and also very accurate.
Do not be tempted by the name on the front of the camera, just think what you want to use it for, Pentax are making some of the most robust camera bodies on the market today, the sort you could take anywhere (-10 for instance) up mountains or into the rain forest with the right lenses, who else makes “Kit” lenses with seals?
As for the “glass” we put on the camera , in the “affordable” range Pentax are well in front, any lens that can be fitted on the front will work if you wish to do it that way.
Also the new SDM lenses are some of the best there is, even at the new prices!
I used the Nikon 80-400mm lens on the D300, it was ok but not as good as it should be at the price charged £1249 and not even an AF-s (motor drive).
And if you wait for the D300 replacement, you may have a large shock with the price of that.
I will wait for the K7 for as long as I can, my K20 is not going to suddenly stop working.
And just maybe about Christmas time Pentax will do a cash back deal.
Or the UK£ will go back up in value. I think the cash back more likely.

Let me know when you can find better value kit at reasonable prices will you?

My 60-250mm has arrived, Thanks Chris (SRS) and so far wow,this is one lens that is a keeper, nearly all you could want in quality lens, even wide open it is good, short to long superb, rapid silent focus and loads more that I could say,now I must wait for the K7 till the price drops, and it will, even the Nikon D300 price dropped, then Nikon put another £300 on it not long ago. Even then it is being discounted in many places.
Remember lenses cost much more to produce than camera bodies, but the manufacturer has to recoup the development cost and set up a production line, with the high Yen and lower other currency's + higher labour costs.
But I'm just pleased I have managed to get a superb lens at a very good price.

The ones I get loads of are to my personal Email address, are the banking scammers, they must catch a few silly people willing to divulge their details and then their money or the scammers would not do it as for me, they are just wasting their time, I've spent it all on camera gear.