The legal expenses insurer cited the figure as it warned that an increasing number of motor and household policyholders were not selecting legal expenses insurance (LEI) as an option when purchasing their policy.
Das also noted that family legal expenses had similarly fallen from a peak of 70% take up rate, to an estimated 40%.
The company predicted the decline in LEI take up would lead to a significant percentage of the population being unable to pursue legitimate legal action and added that
The Insurance Age team examine the most read stories for the week commencing 3 June 2019.Subscribe to our daily newsletter for all the latest news
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