Insurance Post

28% of consumers cutting back on insurance because of cost

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Almost a third of Britons have cut back on their insurance purchasing because they could not afford it, according to figures from Close Brothers Premium Finance.

In a survey of 1016 people, the firm found that 28% had pared back cover, while 15% had opted to go unprotected rather than buying an insurance product at all.

Close Brothers found that customers were

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