Market Views

Sara-Ann Burgess, Burgesses It is widely recognised that independent providers offer a better deal for consumers with premiums being around 10 times cheaper for loan protection, four times for mortgage and five times for income. The seven-day ban gives consumers time to shop around for PPI, plus it gives independent providers a greater ‘window of opportunity’ for the provision of cover. Consumers will be able to compare the product information from their credit provider with other firms’. There will be increased transparency as all providers will have to cost premiums per £100 of benefi...