General insurance add-ons: Market study - remedies

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In this policy statement we report on the main issues arising from consultation paper General insurance add-ons market study – Proposed remedies: Banning opt-out selling across financial services and supporting informed decision-making for add-on buyers (CP15/13) and publish the final rules and guidance.

Topics covered:
•    Banning opt-out selling.
•    Market failure and cost benefit analysis.
•    Ensuring customers can make an informed decision – information provision.