Status: You are viewing the version of the handbook as on 2018-08-15.

linked long-term

    (in relation to a contract of insurance) a long-term insurance contract24 where the benefits are wholly or partly to be determined by reference to the value of, or the income from, property of any description (whether or not specified in the contract) or by reference to fluctuations in, or in an index of, the value of property of any description (whether or not so specified).2