The FCA is seeking views and evidence of the challenges firms face in providing travel insurance for consumers who have, or have had, cancer, and the challenges for these consumers in accessing insurance. The paper is also looking at the reasons for pricing differences in premiums quoted.
Comments are requested by 15 September 2017.
Among other areas, the FCA is seeking input on The FCA is seeking input on the challenges for firms in providing travel insurance for consumers who have, or have had, cancer and the challenges consumers face when they have, or have had, cancer in finding suitable travel insurance. The FCA want to understand how consumer outcomes can be improved in this area, including through innovation. The findings should read across to many other pre-existing medical conditions and insurance products.
Financial Conduct Authority (FCA) director of strategy and competition, Christopher Woolard, has also given a speech on this area -. https://www.fca.org.uk/news/speeches/improving-access- insurance
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