What you need to know about vehicle insurance
Helen Dewdney
APRIL 21, 2023
There are legal obligations under the Financial Conduct Authority (FCA) rules governing insurance that providers “MUST” act in the best interest of the customer (ICOBS 2.5-1) The contract of insurance is about providing “financial indemnity” for the financial loss that has occurred. 1) [link] However, they rarely do.
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