The modern obsession with the price of insurance risks seriously undermining the quality of products, and this is especially the case with budget protection, which has attracted a reputation, unfairly or otherwise, of being a bargain basement offering that cuts too many corners. Peter Carvill reports.
One of the most interesting things to have occurred on the British high street over the last 15 years has been the increase in sales outlets, which have the sole purpose of selling branded goods at discounted prices. Once a rare sight, these shops have become ubiquitous on the streets of the UK. There are even shopping complexes that specialise in discounted products, and the glib jokes about there being more bargain stores than normal stores have gradually become wry observations. The protection industry has followed suit in what has been described as 'Bargain Britain'; cutting, reducing...
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