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Half a million people cut back on life insurance

Sainsbury's Bank

It is estimated that millions of people are cutting back on essential insurance cover in a bid to save money, according to new research from Sainsbury’s Finance.


Over half a million people (532,000) are estimated to have cancelled their life insurance policy.


Another 284,000 people have also reviewed their life insurance to get a cheaper deal.


Life insurance: News update: 08/04/2009


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