Wednesday, June 17, 2009

The over 50s Insurance Market

More than most age groups, the over 50s should shop around for their home, car and travel insurance. Often they have been with the same insurer for many years and have simply accepted the renewal deal on offer. Many will have bought their home insurance from a bank or building society when taking out a mortgage and need to be aware that there are better deals and big savings to be had. 

Over 50s Should Shop Around for Insurance

It is also important for customers to remember that cheaper premiums do not have to mean less cover. A leading specialist and over 50s insurer, advises over 50s consumers planning to shop around for home, motor or travel insurance to be careful when taking out policies. Cheaper premiums are worth having only if the quality of the cover is not compromised. It is advised customers check the level of cover on policies and ensure that policy limits are suitable for the individual. 
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1 comment:

  1. BettyDecember 18, 2011 at 10:58 PM

    Agreed. A cheaper policy doesn't means to lessen the coverage the option but to find a policy that is reasonably priced. And over 50s consumers need to take utmost care when planning to buy a home, motor or other type f insurance scheme. Thanks a lot for posting.
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