P167 Teletext 167 Nov27 22:10:10 —————————————————————————————— Travel cover clampdown Travel insurers who fail to make clear their policies do not cover terrorist attacks are facing a regulatory clampdown by the Treasury. Officials are concerned that few holidaymakers are aware that only half of policies will pay out if they are affected by a terrorist incident. The move comes after victims of the atrocities in Bali discovered some policies did not cover medical costs. ——————————————————————————————————1/10— Finance data at your fingertips 540 Stay up to date with our Mobile Web service (ext $eletext to 84300 Pension special Pets Fin Business NextP167 Teletext 167 Nov27 22:18:12 —————————————————————————————— Travel cover clampdown Economic Secretary Ed Balls has said tighter controls may be needed to regulate the travel insurance industry. Just half of the 20 million travel policies sold cover medical costs in the event of a terrorist incident. "The issue here is about both educating consumers to consider the cover they want when they are buying travel insurance and ensuring that consumers are properly informed," Mr Balls said. ——————————————————————————————————2/10— Personal finance product round-up 533 Respond by text now cheaper & easier! Matche5 Dating see p391 Pension special Pets Fin Business NextP167 Teletext 167 Nov27 22:00:35 —————————————————————————————— Travel cover clampdown The issue of insurance in relation to acts of terrorism is being considered as part of a wider review of the travel insurance industry by the Government. The review was launched earlier in the year to address regulatory concerns. ——————————————————————————————————————— Finance data at your fingertips 540 NEWS RACING WEATHER SPORTS BETTING HOLIDAYS GAMES CINEMA LISTINGS 3/10 TELETEXT ON THE MOVE - JUST (EXT (ELI(EXT TO 84300 FORAFREELINK Pension special Pets Fin Business NextP167 Teletext 167 Nov27 22:11:49 —————————————————————————————— Travel cover clampdown One problem with travel insurance is that many policies are sold by travel agents - who do not face the same regulations as insurance brokers. The Treasury is now considering the need for regulation and complaints mechanisms which apply to travel insurance sold alongside holidays. A Treasury source said: "Consumers are not as informed, and insurers are not as transparent, as we would like." ——————————————————————————————————4/10— Personal finance product round-up 533 A Home Entertainment Package to be won in today's Evening Standard Pension special Pets in Business NextP167 $eletext 167 Nov27 22:03:22 —————————————————————————————— Travel cover clampdown Economic Secretary Ed Balls said: "We need to get to the bottom of whether travel insurance sold with a holiday is being mes-sold. "And whether we need to be doing more to educate consumers to consider the cover they want and ensure they are being properly informed." The Treasury suggested including the travel insurance industry in the remit of the Financial Services Authority. ——————————————————————————————————5/10— Finance data at your fingertips 540 Pension special Pets Fin Business NextP167 $eletext 167 Nov27 22:08:44 —————————————————————————————— Travel cover clampdown M said: "It is shocking it has taken this long for travel agents to be put under the spotlight. "The rest of the general insurance industry has been regulated since January 2005. "It is extremely refreshing the Treasury is calling for insurers to be transparent about cover in the event of a terrorist-related incident." ——————————————————————————————————6/10— Personal finance product round-up 533 Endowment shortfall? S E p374 Call 0800 183 0324 Pension special Pets Fin Business NextP167 Teletext 167 Nov27 22:23:58 —————————————————————————————— Travel cover clampdown most travel insurers will not cover holidaymakers in the event of a terrorist-related incident. This stance extends to delays, missed flights and cancellations caused by the threat of terrorism. The comparison website firm said: "Given the recent climate, this is certainly a grey area and travellers should not be left in the dark." ——————————————————————————————————7/10— Finance data at your fingertips 540 WHAT'S IN THE STARS? SEE MARJORIE ORR p198/9 Pension special Pets Fin Business NextP167 Teletext 167 Nov27 21:28:21 ——————————————— —————————————————— NEW DIGITAL FINANCE FEATURES! $eletext has launched an expanded digital finance section featuring brand new and exclusive content. Digital viewers can now check out the prices of selected international shares traded in London, FUSE 100 shares listed by sector and top FUSE risers and fallers. Plus you get all the usual content, including real-time shares. If you have Freeview or Sky, just turn to ITV, press the (EXT button and go to p850 to see our full finance secti8/10 ——————————————————————————————————————— GO DIGITAL WITH TELETEXT! p104 Pension special Pets in Business NextP167 Teletext 167 Nov27 21:40:54 —————————————————————————————— Travel cover clampdown The Association of British Travel Agents said the current process of self regulation "works well for consumers". ABTA said it had been and would continue to work with the Treasury to achieve a resolution to regulation. "We believe our members are not guilty of any significant level of mes-selling but we know the Government in keen to ensure the public is not put at potential risk," ABTA added. ——————————————————————————————————9/10— Personal finance product round-up 533 Pension special Pets Fin Business NextP167 Teletext 167 Nov27 21:01:27 ——————————————————————————————— NEED ADVICE? WRITE TO ADVICE CLINIC (eletext's experts on investment, tax, pensions and property can help YOU! Send queries marked Advice Clinic to: Text 07624 809882 E-mail adviceclinic@teletext.co.uk Post (eletext Finance, Operations Centre, Bridgegate, Howden, DN14 7AE. Include your name, age and address. Answers will be updated weekly on air. We cannot answer all queries received. Information given is for guidance only. ——————————————————————————————————10/10 Need advice? Go to Advice Clinic 169 GO DIGITAL WITH TILE(EXT! p104 Pension special Pets Fin Business Next