Sainsbury's insurance warning
www.moneynews.co.uk > Insurance > Sainsbury's insurance warning
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Money News |
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Sainsbury's insurance warning
Wed 12th Dec 2007
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New research from the bank indicates that 21.9 million people have declined to make sure they are covered by at least one insurance product.
Of that number, 13 per cent reported that they did not buy insurance because they felt it was too costly.
Based on its figures, Sainsbury's estimates that 4.70 million Britons do not have home contents insurance, while 4.28 million were lacking travel insurance on their last overseas holiday.
Steve Johnson, head of Insurance at Sainsbury's Finance, commented: "Insurance is an absolute must, but our research suggests that millions of people are playing Russian roulette by opting to do without.
"Those people finding it difficult to afford insurance due to the rising cost in living need to ensure that they shop around for the best cover because this can dramatically reduce price."
Last month, Sainsbury's warned pet owners that they should take care not to be caught without insurance.
Related News : Insurance |
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Related News : Sainsbury |
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