Health insurance could feel influence of cutbacks
The is understood to be fearful of how cut backs in consumer spending will influence the industry, including the sector.
A assortment of insurance sectors may face the pinch, as client look to as much as possible. Other types beside health insurance that may face lower sales include , , and .
The data was revealed as part of a study by Deloitte. The head of in the Midlands for Deloitte, Matt Perkins, was reported as commenting: "At a time when households have less disposable , it is understandable that many will look at how they can reduce their disbursement. However, consumers should think carefully about which they need most in a down-turn. A short-term saving could cost a lot should an accident occur and adequate isn't maintained." |