Abta warns of underinsurance risk following travel review
More consumers will travel abroad without travel insurance if the travel industry is regulated by the FSA, argues Abta in its submission to the Treasury’s review on the sale of travel insurance, which is looking into how travel insurance is regulated (deadline for submissions, Thursday 22 February).
Abta believes that the burden of FSA regulation is both very expensive and bureaucratically onerous, and if imposed, it is likely that many of its members – particularly small and medium sized travel
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