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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

long-term insurance contract

    (in accordance with article 3(1) of the Regulated Activities Order (Interpretation: general)) any contract of insurance within Part II of Schedule 1 to the Regulated Activities Order (Contracts of long-term insurance), namely:

      1. (a) life and annuity (paragraph I);
      1. 15(b) marriage or the formation of a civil partnership and birth (paragraph II);
      1. (c) linked long-term (paragraph III);
      1. (d) permanent health (paragraph IV);
      1. (e) tontines (paragraph V);
      1. (f) capital redemption (paragraph VI);
      1. (g) pension fund management (paragraph VII);
      1. (g) collective insurance etc (paragraph VIII);
      1. (h) social insurance (paragraph IX).2