PINS 1.2.6 Types of insurance contracts

(1) A general insurance contract is a contract of insurance that is a General Insurance Contract under the Financial Services Regulations, Schedule 3, Part 3, paragraph 10.3.
(2) A long term insurance contract is a contract of insurance that is a Long Term Insurance Contract under the Financial Services Regulations, Schedule 3, Part 3, paragraph 10.4.
Editorial changes (as from 1 January 2015).