Grab the bull by the horns

The financial inclusion report, published yesterday, revealed the government will be working with the Association of British Insurers (ABI) to investigate which types of insurance are most needed by financially-excluded customers, what the barriers are to consumers taking up insurance products and how the barriers might be overcome. The majority of people in the financial services industry would argue personal protection insurance is most needed by consumers because it protects lives and families, rather than material objects such as the home and contents. But whether the government u...