24 March 2017
How the effects of Brexit could leave you underinsured.
There is ‘an alarming degree of underinsurance’ by UK businesses and individuals.
So says a recent report from the Financial Conduct Authority. This stark conclusion is supported by other reputable surveys that show, for example, nearly four out of five premises are underinsured and around two-thirds of all plant and equipment is underinsured to the point where it will significantly reduce any claim payment.
With the UK set to leave the EU, this could potentially lead to further consequences. Click here to find out more.