Consumers Urged To Check Travel Insurance Coverage
Law360, London (September 27, 2019, 4:47 PM BST) -- Britain’s finance watchdog told consumers Friday to double-check their travel insurance policies after a string of problems with medical emergencies overseas, particularly ahead of Britain’s planned exit from the European Union.
Consumers have reported difficulties getting access to private medical care while traveling, the Financial Conduct Authority said.
Travelers should be careful when choosing insurance policies and should make sure they know what they are covered for, the FCA warned. It said Britons should make sure that price is not their only consideration.
The authority also warned insurers Friday that they are required to give consumers clear information about exclusions when...
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