{"id":48919,"date":"2022-09-28T15:03:03","date_gmt":"2022-09-28T13:03:03","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/seventy-percent-of-americans-worried-about-meeting-the-costs-of-rising-insurance-premiums\/"},"modified":"2022-09-28T15:03:03","modified_gmt":"2022-09-28T13:03:03","slug":"seventy-percent-of-americans-worried-about-meeting-the-costs-of-rising-insurance-premiums","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/seventy-percent-of-americans-worried-about-meeting-the-costs-of-rising-insurance-premiums\/","title":{"rendered":"Seventy Percent of Americans Worried About Meeting the Costs of Rising Insurance Premiums"},"content":{"rendered":"
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\nNearly half of all consumers surveyed say that their premiums have increased in the past year<\/i>\n<\/p>\n

\nFifteen percent don\u2019t trust any insurance providers<\/i>\n<\/p>\n

BERLIN–(BUSINESS WIRE)–A recent survey reveals that consumers all over the world are worried about the rising cost of insurance premiums. Among the American consumers surveyed, 70% indicate that they are worried about paying for the rising costs of their insurance premiums and that nearly 40% of those that have cancelled policies did so because they could no longer afford them. The wefox Global Safety Report<\/i>, conducted by Berlin-based digital insurer wefox, included more than 12,000 consumers in the UK, US, Poland, Italy, Switzerland, and Germany.\n<\/p>\n

\n\u201cThe current model for insurance is broken and in urgent need of radical reinvention,\u201d said Julian Teicke, CEO, wefox. \u201cThe industry has failed to embrace the opportunities that technological change has given us. In focusing exclusively on profits, the sector has become complacent and lost sight of its original purpose\u2014to protect people in their time of need.\u201d\n<\/p>\n

\nThe survey further reveals:\n<\/p>\n