FSB flags small firms' concerns on price of insurance
Small firms are encountering widespread problems in their dealings with the insurance market and rising premium costs, a new report has found.
The Federation of Small Businesses’ report , Paying a premium? Reforming the insurance market to work for small firms, looked into the price of insurance and whether the products on offer are suitable for small business customers.
The report learned:
Three in five small businesses have seen their insurance premiums rise in the last year Three in ten say they find it hard to understand what their insurance covers One in six (16%) who have renewed or switched their policy in the last yearOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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