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Most SMEs unknowingly underinsured, Axa report shows

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The majority of the UK’s 4.9 million SMEs are underinsured and half a million may be breaking the law by operating with inadequate cover, according to a report by Axa.

Over half of those requiring employers' liability cover by law have failed to buy it, while 43% cent of those meeting with the public, clients or suppliers are neglecting to protect themselves against

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