Living in uncertain times : Age looks at the rising risk of underinsurance during a period of economic difficulty

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<title>Living in uncertain times</title>
<subTitle>: Age looks at the rising risk of underinsurance during a period of economic difficulty</subTitle>
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<namePart>Andrews, Chris </namePart>
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<dateIssued>2022</dateIssued>
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<abstract displayLabel="Summary">Opinion Chris Andrews: we're living through a diffi cult period in our country's economic history. The cost-of-living crisis comes at a time when we're still dealing with the lasting eff ects of Covid-19, Brexit and the ongoing war in Ukraine. At the same time, we're seeing infl ation rising, increasing fuel and energy prices, and this is having a signifi cant impact across everything including building materials and supply chain issues. All of this is impacting the prices we pay and how long it takes for goods and materials to get to where they're needed. So, what does this all mean for insurance? From our own modelled data, we estimate that 50% of UK businesses are underinsured to some degree, and 40% of policies with buildings have at least one premise suspected to be underinsured by 20%.
Opinion, Sam Barrett: explores the threat of increasing underinsurance amid a cost of living crisis and asks how </abstract>
<note type="statement of responsibility">by Chris Andrews and Sam Barrett </note>
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<topic>Infraseguro</topic>
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<topic>Coyuntura económica</topic>
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<topic>Empresas de seguros</topic>
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<topic>Bienes inmuebles</topic>
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<topic>Pólizas</topic>
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<topic>Siniestros</topic>
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<topic>Indemnizaciones</topic>
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