Finaccords report titled Creditor Metrics: Consumer Approaches to Payment Protection Insurance linked to Personal Loans and Consumer Credit in Europe, offers detailed and unique insights into the behaviour of consumers in the context of insurance that protects the payments linked to their non-mortgage loans.
Based on a primary survey of consumers in France, Germany, Italy, Spain and the UK carried out between June and August 2006, the research provides valuable data describing the extent to which they take out insurance to protect themselves in the event that they are unable to make the payments associated with their personal loan or consumer credit contract. In addition to calculating the percentage of borrowers that buys creditor insurance in conjunction with their personal loans and consumer credit contracts in each country, the investigation also clarifies the types of insurance policy that consumers purchase – insurance designed and marketed specifically for protection of non-mortgage loan payments or other forms of protection policy?
Moreover, it reveals the proportion of non-mortgage loan borrowers covered for each of the four main risks – death, permanent disability, temporary incapacity and unemployment – and verifies where, how and when the consumer acquired the insurance. Finally, the report measures the degree to which borrowers are satisfied with their insurance and for consumers lacking insurance, it investigates why they have chosen to remain uninsured.
source here.
Related Post :
Other post:
- Is bad credit is no longer an obstacle for the acquisition of funds with no credit check loans?
- OREGON LEGAL RESEARCH: Consumer Law: Student (College) Loans
- with loans money out there why do the banks charge almost 20 % interest for auto loan?
- Is there really a personal loan for people w/bad credit not payday loans but real banks ?
- Get Your Answers About Student Loans :: WHCAFE
