Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the impact of diagnosis of terminal and likely terminal health conditions on travel insurance rates offered to consumers.

Insurers make commercial decisions about the terms on which they will offer cover following an assessment of the relevant risks. The Government does not intend to intervene in these commercial decisions by insurers as this could damage competition in the market. The respective capabilities of insurers to assess risk is a key element on which they compete.

The Government recognises that it is important that everyone has access to suitable insurance. Since April 2021, the Financial Conduct Authority (FCA) has required firms to signpost consumers to a directory of specialist providers if they are declined cover, offered cover with an exclusion, or charged a significantly higher premium based on their pre-existing medical conditions.