Insurance Post

Consumer group calls for fines for unsimplified policy documents

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A third of insurance policies are written at a university-equivalent reading level, making them inaccessible to large portions of the population, according to research by consumer group Fairer Finance.

Fairer Finance used a variety of readability scores to examine more than 280 banking and insurance documents.

The majority of documents would be accessible to someone in their last year of sixth form

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