
Misunderstanding explains consumers’ low trust in insurance, survey finds
It also found that customers’ perceptions of how financial institutions – specifically, their bank – treat them affects their uptake of insurance.

It also found that customers’ perceptions of how financial institutions – specifically, their bank – treat them affects their uptake of insurance.

Respondents believe that charges should be for the ‘core’ financial product or service only, with additional features perceived as free add-ons.