View our website
Record claims pay outs despite underinsurance for household cover...
British insurers are paying out a record-breaking average of £77million in claims every day, according to the Insurance Times and the ABI.
An article published in the Insurance Times on September 24 features a revealing breakdown of successful claims that shows how, for example, more was paid out for pet insurance claims than for travel policies.
Meanwhile other press coverage shows that there is a big problem with underinsurance among UK home owners. An average of £8.2million is paid out every day for domestic claims – however nearly a quarter of UK households do not have contents insurance, while it is estimated that 20 per cent of those who are insured have inadequate cover.
How can the insurance industry improve consumers’ confidence in their products and help them understand the value of properly protecting themselves and their property?
Read more over at the ABI website - The ABI says 20% underinsured.
Click here to contact us.
An article published in the Insurance Times on September 24 features a revealing breakdown of successful claims that shows how, for example, more was paid out for pet insurance claims than for travel policies.
Meanwhile other press coverage shows that there is a big problem with underinsurance among UK home owners. An average of £8.2million is paid out every day for domestic claims – however nearly a quarter of UK households do not have contents insurance, while it is estimated that 20 per cent of those who are insured have inadequate cover.
How can the insurance industry improve consumers’ confidence in their products and help them understand the value of properly protecting themselves and their property?
Read more over at the ABI website - The ABI says 20% underinsured.
Click here to contact us.
No comments :
Post a Comment