Price 'the biggest factor' for income protection
www.moneynews.co.uk > Insurance > Price 'the biggest factor' for income protection
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Price 'the biggest factor' for income protection
Fri 13th Jan 2012
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Jonathan Davis, managing director of Jonathan Davis Wealth Management, said individuals across the UK are suffering in the present financial climate and therefore the cheapest option is often the one they will go for when taking out cover.
He commented: "They should - like with their home insurance and car insurance - regularly try and re-broke the policy and get a cheaper policy for exactly the same cover."
However, Mr Davis added people should remember the importance of taking out insurance that fully meets their needs.
Research from gocompare.com recently showed up to 26 million Brits are planning to get back on top of their finances in 2012, with 49 per cent of people saying getting their money under control and reducing outgoings will be their main goal for the next 12 months.
Click here for more insurance news
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