CAPI 6.1.1 Guidance
A portion of a contract of insurance insuring a risk of a category other than the principal category of the contract will not normally be regarded as material if the interest that it insures—
(a) is both related and subsidiary to the principal interest or interests insured under the contract; and
(b) constitutes less than 10% of the
gross written premium under the contract.
|Derived from QFCRA RM/2011-1 (as from 1st July 2011)|