LV Broker finds underinsurance gap in 2.7 million ‘mid-net-worth’ homes
Households are not identifying themselves as wealthy enough, leaving the vast majority underinsured according to LV Broker.
Around half of mid-net-worth homeowners (49%) don't consider themselves wealthy.
More than 3.5 million households are considered ‘mass affluent', which means they have an income of more than £57,000
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