In so many ways, insurance works very well. No seriously! OK, the customer service can leave a lot to be desired and it tends to get a bit messy when it gets entangled in the legal industry. However, there’s a lot of competition to keep prices down and to ensure that there aren’t too many onerous exclusions.
It’s not all just about comparing insurance quotes though. Sometimes it does go wrong. This is usually when you buy insurance as an extra on top of other products. Here are a few nasties to watch out for….
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