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Holidays: Travel insurance savings of 40% for those with pre existing medical conditions | Travel News | Travel

Holidays: Travel insurance savings of 40% for those with pre existing medical conditions | Travel News | Travel 1242038


The FCA is teaming up with the Money and Pensions Service to curate a list of these specialist insurers.

The financial watchdog has said Travel insurance firms will be required to include the details of the directory online within 30 days of becoming aware of the directory going live.

The changes will have to be in place by 5 November 2020.

Christopher Woolard, executive director of strategy and competition at the FCA, said: “We want to reduce the numbers of consumers, who are currently faced with a choice of not travelling or travelling without insurance, and running the risk of incurring significant costs, including medical bills abroad.



Source: express.co.uk

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