FCA proposes access to travel insurance 'signposting rule'

Consultation closing 15 September

Adam Saville
clock • 2 min read

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...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

NHS launches 10-year health plan

NHS launches 10-year health plan

“Reform or die”

Jaskeet Briah
clock 03 July 2025 • 5 min read
CII calls for new approach to vulnerability data sharing

CII calls for new approach to vulnerability data sharing

Many firms displaying “excessive caution”

Jaskeet Briah
clock 25 June 2025 • 2 min read
IPT receipts hit £1.48bn in May 2025

IPT receipts hit £1.48bn in May 2025

Up £50m year-on-year

Jaskeet Briah
clock 20 June 2025 • 2 min read