Nearly HALF of major insurers have pulled travel insurance products from sale because of the coronavirus crisis, says Which? The consumer champion contacted 75 insurance providers during its study 31 of the 75 insurers contacted have temporarily stopped sale of their policies A further 13, including Axa and Staysure, have changed aspects of their policies … Read more
Insurers are pulling income protection insurance due to the coronavirus outbreak – and some are looking for ways NOT to pay out if you get sick Insurers pull out of the income protection market as coronavirus spreads Those still offering it reportedly planning to introduce coronavirus exclusions This means new policyholders won’t get a payout … Read more
Biggest stock market losers from coronavirus: Airlines, insurers and energy stocks take the heaviest beating with some losing two thirds of their value The share prices of insurance firms M&G, and Prudential have all fallen heavily Since the FTSE 100 peaked on 17 January at 7,675, it has plunged by over a third Travel firm … Read more