Feeling the squeeze
As the recession beds in, underinsurance is fast becoming a problem in the home insurance sector. Martin Friel looks at whether brokers have a moral obligation to ensure clients have suitable cover
There is definitely a sense of recession fatigue across the country. People are sick and tired of reading endless streams of negative headlines telling them that the global economy is doomed and that these are the darkest times for generations.
It seems there is only so much bad news we can take, however, unfortunately the reality is that people have to cut back on their day-to-day spending in order to meet the important outgoings such as mortgage payments and other essential financial
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