In Depth: Legal expenses cover… needed more than ever?
Clients may want brokers to advise on how to reduce premiums on legal insurance, but this is the one add-on to hang onto according to providers as Rachel Gordon discovers.
Increasing numbers of people are searching for ways to cut back on cover as the cost-of-living crisis carries on regardless. And with money tight, ditching an insurance add-on like legal expenses appears an easy way to save costs.
The British Insurance Broker Association’s cost-of-living Crisis survey found that 42% of people had removed an add-on from car and motorcycle and 38% had done so from buildings and contents insurance.
42%Biba’s Crisis survey found 42% of people had removed an add-on
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