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The Independent UK
The Independent UK
Business
Vicky Shaw

Regulator consults on protections for insurance customers struggling financially

PA Wire

Guidance introduced during the coronavirus pandemic to support insurance customers in financial difficulty will be updated under proposals by the City regulator.

The Financial Conduct Authority (FCA) said as part of work to help protect customers during the cost-of-living squeeze, this will provide clarity to firms about how they should support all struggling customers, not just those facing problems due to the pandemic.

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