Policy Issues
Last updated:
05/04/2011 12:47
ABI consultation on best practice for the sale of individual and group private medical insurance
You are invited to comment on the revised ABI Statement of Best Practice for Sales of Individual and Group Private Medical Insurance.
As part of a planned review cycle the ABI is consulting on the proposed changes to the Statement of Best Practice for Sales of Individual and Group Private Medical Insurance.
The consultation paper and the draft revised Statement can be found on the right.
The Statement of Best Practice aims to help people:
· Get clear, timely information about policies they are considering
· Understand the extent and limitations of cover under the policies they are considering
· Compare key aspects of the cover offered by different insurers
· Choose the best underwriting approach and policy for their needs
We are consulting on the proposed changes to the Statement of Best Practice which include:
· Extending the requirements of the Statement to group and corporate private medical insurance schemes.
· Strengthening the requirements for explaining the scope of cover for cancer, by building on the examples originally developed with Cancerbackup (now part of Macmillan Cancer Support) and we gratefully acknowledge that contribution.
The consultation runs until 6th May, 2011.
Please send consultation responses to
Health@abi.org.uk
Alternatively, write to:
Health and Protection Team
Association of British Insurers
51 Gresham Street
London EC2V 7HQ