Responding to the publication today of the FCA policy statement on signposting to travel insurance for consumers with medical conditions, Hugh Savill, Director of Regulation, Association of British Insurers, said:
“The vast majority of consumers can obtain travel insurance, including those with pre-existing medical conditions. While we welcome the FCA’s changes to strengthen the current signposting measures, the £100 premium loading trigger must be carefully and thoroughly worked through to ensure that it delivers real customer benefits and makes the buying process as smooth as possible.”