Requirement to provide details of suitable travel insurers to customers with pre-existing health conditions
In June last year, we reported that the Financial Conduct Authority (FCA) was concerned that consumers were having difficulty gaining access to the specialist travel insurance market, following its Call for Input (CfI) in June 2017, and we provided a subsequent update here. Yesterday, the FCA announced proposals to introduce a new ‘signposting rule' to provide consumers with details of insurance firms that have the appetite and capacity to cover consumers with complex medical histories who may have been declined cover, underwritten with an exclusion or had their premium loaded. The F...
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