Related provisions for INSPRU 1.2.60

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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004 (From field only).

An additional provision for diseases covered by INSPRU 1.2.60G (5)(c) may be needed, in particular for unit-linked policies. In determining whether such a provision is needed a firm may take into consideration any ability to increase product charges commensurately (provided that such increase does not infringe on its regulatory duty to treat its customers fairly), but a provision would still be required for the period until such an increase could be brought into effect.