Julian Tomlinson, chairman of Alps, argues some insurance coverage add-ons are extra very important for policyholders as we speak than they’ve ever been.
The regulator has turned its scrutiny on add-on insurance coverage merchandise lately, beginning with the PPI scandal in 2007, then residence emergency and cell phone insurance coverage, and not too long ago the pause in motor GAP gross sales.
There are numerous within the business who strongly debate the validity of those investigations, together with the brokers that promote them.
The exhausting market has seen many core coverages stripped again; prospects get far much less protection for his or her cash. Does this make add-ons extra related within the present
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