The statistic presents the reasons for withdrawing an insurance claim according to the home and travel insurance claimants in the United Kingdom (UK) as of 2014. For 36 percent of travel insurance claimants it seemed like it would have been too much trouble given the amount of information and documentation that was required. Home claimants were most likely to withdraw their claim because they did not want their insurance premium to go up, as reported by 22 percent.
Insurance claimants reasons for withdrawing their claim in the United Kingdom (UK) as of 2014, by product type
Characteristic
Home insurance
Travel insurance
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Financial Conduct Authority. (May 22, 2014). Insurance claimants reasons for withdrawing their claim in the United Kingdom (UK) as of 2014, by product type [Graph]. In Statista. Retrieved September 08, 2024, from https://www.statista.com/statistics/464035/uk-insurance-claims-reasons-for-withdrawing/
Financial Conduct Authority. "Insurance claimants reasons for withdrawing their claim in the United Kingdom (UK) as of 2014, by product type." Chart. May 22, 2014. Statista. Accessed September 08, 2024. https://www.statista.com/statistics/464035/uk-insurance-claims-reasons-for-withdrawing/
Financial Conduct Authority. (2014). Insurance claimants reasons for withdrawing their claim in the United Kingdom (UK) as of 2014, by product type. Statista. Statista Inc.. Accessed: September 08, 2024. https://www.statista.com/statistics/464035/uk-insurance-claims-reasons-for-withdrawing/
Financial Conduct Authority. "Insurance Claimants Reasons for Withdrawing Their Claim in The United Kingdom (Uk) as of 2014, by Product Type." Statista, Statista Inc., 22 May 2014, https://www.statista.com/statistics/464035/uk-insurance-claims-reasons-for-withdrawing/
Financial Conduct Authority, Insurance claimants reasons for withdrawing their claim in the United Kingdom (UK) as of 2014, by product type Statista, https://www.statista.com/statistics/464035/uk-insurance-claims-reasons-for-withdrawing/ (last visited September 08, 2024)
Insurance claimants reasons for withdrawing their claim in the United Kingdom (UK) as of 2014, by product type [Graph], Financial Conduct Authority, May 22, 2014. [Online]. Available: https://www.statista.com/statistics/464035/uk-insurance-claims-reasons-for-withdrawing/
