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TAG: Insurance

Could this be the end of the insurance ‘loyalty penalty’?

Posted on Jan 22, 2021

When it comes to a wide range of services on the consumer market, loyalty is undervalued. Customers may find that if they stick with the same company year-on-year, they will end up getting charged a lot more than someone who frequently switches. In fact, Citizen’s Advice found that loyal customers across essential markets could be overpaying by as much as £987 a year. It’s a frustrating truth which applies across many different sectors, including mobile and broadband, energy and financial services.

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