This is some text prior to the author information. You can change this text from the admin section of WP-Gravatar To change this standard text, you have to enter some information about your self in the Dashboard -> Users -> Your Profile box. Read more from this authorAs the tough times continue and the Chancellor delivers more cuts to benefits and state support, you would think that more people would be considering some form of Payment Protection Insurance (PPI). The reality is far from this and sees many mortgage holders and borrowers cancelling PPI to save money due mis-sold PPI claims and unemployment.
Of course, in the same way people should be encouraged to save money for the future, they should also be encouraged to protect themselves financially in the present, but the possibility of rises in Insurance Premium Tax (IPT) seems to contradict this viewpoint. Should Mr Osborne increase IPT then the cost of insurance will go up and in these austire times, that can only lead to cancelled policies and a massive risk gap.
Related posts:
