The IFoA has published the third bulletin in its series on inclusive insurance. Given the cost of living crisis, much of this edition focuses on insurance’s poverty premium – whereby those who are less well-off end up paying more for essential products and services than those who are better-off.
The third inclusive insurance bulletin (bit.ly/3w0370P) builds on the IFoA’s work on the poverty premium and considers how it could be tackled from a range of perspectives to help ensure everyone has access to insurance and protection products.
As with our first two bulletins, we have invited a range of contributions, actuarial and otherwise, to provide complementary and varying perspectives on insurance inclusion in differing contexts. This includes parliamentary progress on tackling exclusion. A fourth bulletin considering the role of innovation in tackling inclusion will be published in early 2023.
If you want to contribute your own perspective, or give feedback on the bulletin series, contact [email protected]
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