FSA sets final rules for combined travel insurance
The Financial Services Authority (FSA) has published a policy statement setting out the final rules for regulating travel insurance sold alongside a holiday – known as connected travel insurance (CTI). This is mainly sold by travel firms and holiday providers.
The new regime will come into force on 1 January next year and the FSA will start to accept authorisation applications for the new CTI activities from 30 June.
Dan Waters, director of retail policy
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