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Paige Cerulli Last Updated On: July 8, 2024

What Are Insurance Trends for a Sustainable Future

The importance – and awareness – of sustainability is at an all-time high. With the effects of climate change all too easy to see, consumers are increasingly valuing and seeking out sustainable products and services.

That increased focus on sustainability is reflected in many industries, including the insurance industry. Sustainable insurance trends are on the rise. You might just add sustainability to your list of must-have qualities when you’re shopping for an insurance company.

The united nations’ principles for sustainable insurance

In 2012, the UN released four Principles for Sustainable Insurance. The Principles help the insurance industry to better understand, prevent, and reduce risks, including environmental risks, and to support a sustainable society.

Insurance Trends for a Sustainable Future

Write of credit card interest by actually writing it off

Make paying off your credit card balance the order of the day, especially if you have a balance on a high-interest credit card.

One of the easiest ways to do this is with another credit card: specifically, with a 0% balance transfer card, which will allow you to pay off a high-interest credit card with a card that charges no interest promotional offer for a preset amount of time (often 15-21 months).

Learn more about how to use a 0% balance transfer card to pay off credit card debt.

And remember, when it comes to tax deductions for credit card interest, you can reclaim some of that expense, but the soundest financial strategy is to get rid of the interest payments altogether.

Paige Cerulli Paige Cerulli is a freelance content writer and journalist who specializes in personal finance topics. She graduated from Westfield State University and brings more than a decade of professional writing experience to the ConsumerCoverage team. Paige’s work has appeared in outlets including USA Today, Business Insider, and more.