Comments from ABI, CII, advisers and provider following Financial Conduct Authority's call for better access to insurance for pre-existing medical conditions
The FCA has released feedback following June 2017's Call for Input (CfI) on Access To Insurance, urging the industry to improve the availability of specialist insurance services from travel insurers for people with pre-existing medical conditions. Among the findings was that most stakeholders believe that access to travel insurance for those with health conditions, such as cancer, is limited and that there is a lack of information available about alternative options for those who have been refused...
‘There are many challenges to consider’
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Nearly half of annual salary
However the average household believes it can last 90 days