The Association of British Insurers (ABI) has rebutted suggestions that cover against airline insolvency should be made a compulsory element of standard travel insurance policies in its response to the Department for Transport’s Airline Insolvency Review. The ABI believes that travel insurance is already a very competitive market and introducing an additional level of mandated cover would be an unwelcome disruption. It would limit customer choice and potentially act as a barrier to the take up of cover by adding additional expense. The industry feels that the issue is not the provision of cover, rather, it is the apparent lack
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.