Poland: Little Trust in Insurance Companies

Professional ServicesInsurance ♦ Published: January 3, 2014; 09:18 ♦ (Vindobona)

According to a survey, Polish citizens lack in trust in insurance companies.

Poland: Little Trust in Insurance Companies / Picture: © Vindobona.org

Compared to citizens of Western European countries Poles are much more hesitant in purchasing insurance products. According to a survey by financial market regulator KNF, Polish citizens fear not to receive compensations in case of accidents. Less than 25 percent of people questioned announced having a group life insurance and less than 20 percent have concluded a individual life…