AOA

ICMIF site

ICMIF Member News(Excluding AOA Member News)

LB Forsikring survey shows increased living costs are causing people to consider reducing or cancelling insurance cover

Many news headlines these days report increasing numbers of people cancelling services such as television streaming due to the rising cost of living. According to a new member survey carried out by Danish ICMIF member LB Forsiking, 24% of respondents have cancelled or are considering cancelling their streaming services and TV subscriptions, while 16% will cancel newspaper and book subscriptions. More worrying though, says LB Forsikring, are the results that show almost 10% of respondents to the survey are considering cancelling their insurance policies or part(s) of their coverage.