Advertisement

HSBC Insurance warns against cutbacks

HSBC Insurance has issued a warning to customers not to make cutbacks on their insurance in an attempt to save money during the credit crunch.

The insurance division of the bank says: "At a time when individuals are tightening their belts, there is always a temptation to cancel or cut back on insurance, as it is mistakenly seen as a luxury - not a necessity."

According to HSBC Insurance the oncoming recession will lead to increasing job insecurity, so may also make income protection insurance more valuable.

 

Comment on this page »

Features

Latest news

Spire Harpenden Hospital wins prestigious industry award

New testing technique comes to The Royal Marsden

Bupa announce £2.9 million investment

HSBC Insurance warns against cutbacks
Advertisement
Advertisement
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information