BIBA Launch 2020 “Access” Manifesto
BIBA were at The Houses of Parliament this week to see the launch of this year’s manifesto by the Economic Secretary to the Treasury, John Glen MP. The key message is the ability of all people to access insurance – something with which we really identify, given our name.
There were 9 areas identified included:
– Fair Treatment of Vulnerable customers for which the FCA have issued guidance to the insurance industry
– Better access to travel insurance policies for customers with pre-existing medical conditions
– Landlords property insurance where BIBA was able to show that many insurance brokers had easy access to capacity for risks with tenants in receipt of benefits
– Flood Insurance, Professional Indemnity Insurance for building inspection risks, Plain English wordings, better access to Terrorism Insurance and Open Insurance advances
BIBA (the British Insurance Brokers Association) have just launched a new agreement to make it easier for people with disabilities or medical conditions to access protection insurance. The agreement on access to protection insurance brings together BIBA, insurers, protection insurance groups, brokers, charities and other stakeholders.
The manifesto identifies the difficulties faced by many in accessing advice based insurance protection, including life insurance, income protection and critical illness insurance and encourages greater signposting, support and promotion.
Graeme Trudgill, BIBA Executive Director said: “BIBA is ideally positioned to help those with medical conditions find their way to a specialist provider to help them access the cover they need, and we committed in our manifesto to launch a signposting agreement. This is the culmination of a year of discussion and collaboration across different stakeholders; all with a strong desire to help those most in need. The fact that we have been able to launch this signposting system today will make a difference to thousands of people that may previously have thought protection insurance was out of their reach.
Access Insurance supports this manifesto and many of our charity clients who represent the needs of disabled people and those with serious medical conditions.