FCA survey reveals gaps in consumer insurance knowledge and take-up
Regulator publishes findings of its largest research pool with UK consumers.
Nearly 17 million UK adults with motor insurance do not know what ‘no claims protection’ means, according to the findings of the Financial Conduct Authority’s (FCA) Financial Lives Survey 2017.
The research was based on responses from just under 13,000 UK consumers aged 18 and over making it the watchdog’s largest tracking survey of consumers and their use of financial services.
According to the findings, 82% of UK adults have at least one general insurance product.
The most commonly held
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- RSA confirms trading structure ahead of NIG integration
- In Depth: Cyber risk and AI – friend or foe?