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Travel Insurance

Volume 453: debated on Monday 20 November 2006

To ask Mr Chancellor of the Exchequer what plans he has to expand the Financial Service's Authority's remit to regulate the sale of travel insurance. (100726)

As announced on 4 August 2006, the Treasury is currently conducting a review into whether sales of travel insurance sold along with a holiday and related travel should be subject to regulation by the Financial Services Authority. A formal call for evidence will be published shortly. Following the review, a decision on the Government's preferred approach will be made in first quarter of 2007.