From baby rattles to gaming consoles, household contents evolve faster than we realise. As insurance professionals, we risk failing our clients if we rely solely on annual adjustments to capture these changes.
Sum Insured has just released the 2024 Residential Contents Index (RCI), revealing critical insights for the insurance industry. The headline figure: a 15% increase in home contents replacement costs since 2020.
Insurance professionals know the delicate balance of customer engagement. Send too many communications and you risk irritation. Send too few and you’re just another bill to pay.