Toward Health Status Insurance
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Based on our visits and mystery shopping, we think that consumers are more likely
to get poor outcomes in the PPI markets which have these features.
The purchase of PPI is usually a secondary focus for customers; their primary
purpose is to get another financial service or product such as a secured or unsecured
loan. PPI is also a product that is generally sold to consumers, rather than one they
actively choose to buy. In these circumstances, the sale of PPI policies together with
the loan/credit can lead to unfair outcomes for consumers by blurring the separate
elements of the sale and constraining firms from offering potentially...
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Toward Health Status Insurance
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Toward Health Status Insurance
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