This week’s money sections were insurance-tastic…
James Salmon focused in Money Mail on the case of poor Mr Greensmith who, apparently, not only had to contend with being ‘horrifically’ injured in a workplace accident, he also – adding insult to, er, injury – had his claim rejected for failing to pay his weekly insurance premium while he….and this is the clincher….recovered in hospital. Despite the premium that he had been paying for years covering injury and loss of income, this was, in the Mail’s view, another example of a provider wriggling out of its financial obligations.
Continuing the theme of providers gripping a little too tightly to their purse strings, Esther Shaw in the Express looked at the deluge of consumer complaints that have followed widespread rejections of PPI claims. This, of course, comes on the back of the FSA publishing new measures aimed at fairer treatment of customers buying PPI and the better handling of complaints.
In what is turning into a bad week for the insurance industry, the Mirror took the chance to highlight the problems of the elderly in attaining affordable cover, with Simon Read investigating the plight of those who found that their premiums suddenly shot up when they turned 65.
And, finally, we conclude with Esther Shaw’s expose of the scandal of certain websites charging £10 a time for European Health Insurance cards – which are actually free through official channels.
A round up of topics was as follows:
Credit cards 7%