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AAP
AAP
Business
Kaaren Morrissey

Aussies face 'poverty premiums' on insurance payments

Insurance FCA
Financial advocates have put insurers on notice over the higher premiums some people have to pay. (Bianca De Marchi/AAP PHOTOS)

Some Australians are being charged a "poverty premium" by insurers because they can't afford to make annual payments on policies.

Industry group Financial Counselling Australia and the Financial Rights Legal Centre have put insurers on notice after discovering customers are being kept in the dark on their payment options.

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