ABI calls for IPT freeze in November Budget

Ahead of the Budget on 17 November, the ABI has urged the Chancellor to freeze the current rate of IPT to help families, businesses and charities during the cost of living crisis and head of a possible The ABI commissioned research from Public First that found seven in 10 people (71%) would most likely stop paying insurance premiums if their other bills increase, while nearly one in five (18%) respondents said they know someone who has cancelled their cover due to costs elsewhere. Meanwhile, one in 10 people (11%) believe they are at risk of not being able to afford their policy over ...