What’s at stake: Mechanical breakdown insurance (MBI) comes with a long list of exclusions and offers no more value than the Consumer Guarantees Act, consumer advocates say.
Background: They hope the incoming Conduct of Financial Institutions regime will give the car finance ‘add-ons’ sector a shakeup.
What’s at stake: Mechanical breakdown insurance (MBI) comes with a long list of exclusions and offers no more value than the Consumer Guarantees Act, consumer advocates say.
Background: They hope the incoming Conduct of Financial Institutions regime will give the car finance ‘add-ons’ sector a shakeup.
