Sussex, United Kingdom, June 12, 2008 --(PR.com
)-- The percentage of policy holders is increasing at the same ratio as that of insurance providers. Though it has raised competition in the insurance market, it has not benefited the policy holders. Insurance providers have increased the cost of a policy but on the other hand they are cutting down the cover given with the policy. Mr. Neale Donald Walsche, CEO of Insurance B has his concerns on this tendency of insurance providers.
Mr. Walsche “there have been some troubling trends in the home insurance quotes in the UK. Home insurance quotes are getting more expensive but the insurance coverage is getting tougher to avail. Apart from that, the new companies are also doing the same which is not giving respite to the policy holders. We are now thinking of giving some respite to the policy holders with our new initiative.”
As per the statement given by Mr. Walsche, at first the entry of new insurance companies were thought of bringing more competition, but rather it has given way to a serious trend of keeping policyholders away from various benefits. As a first step, Insurance B is planning to give some respite to the policyholders with a new initiative. Mr. Walsche declined to give any particulars about the new initiative. As for now an average policy holder can only hope that the new initiative would give some respite from the increasing pressure on the monthly budget for an average individual homeowner.
www.insuranceb.co.uk is a reliable insurance provider. Various insurance policies are made available at Insurance B such as home insurance quote, car insurance online, travel insurance online, medical insurance, life insurance, motorcycle insurance and mobile insurance etc. To know more about its insurance policies visit http://www.insuranceb.co.uk/