COMP 5.7 211Protected non-investment insurance mediation
Protected non-investment insurance mediation is an insurance mediation activity where the investment concerned is a relevant general insurance contract or a pure protection contract but3 which is not a long-term care insurance contract or a 3reinsurance contract, provided that the condition in COMP 5.7.2 R is satisfied.12
3COMP 5.7.1 R only applies if the conditions in (1) and (2) are satisfied:3
1- (1)
the protected non-investment insurance mediation was carried on from:3
3- (a)
an establishment of the relevant person in the United Kingdom; or3
- (b)
a branch of a UK firm established in another EEA State in the exercise of an EEA right derived from the IMD; and3
- (a)
- (2)
the customer making the claim (or where COMP 3.2.4 R applies, the customer on behalf of whom a firm makes a claim) was in contact with:3
3- (a)
a firm carrying on an insurance mediation activity in the United Kingdom; or3
- (b)
a branch of a UK firm established in another EEA State which is carrying on an insurance mediation activity in the exercise of an EEA right derived from the IMD.3
- (a)