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connected contract

23a non-investment insurance contract which:

  1. (a) is not a contract of long-term insurance (as defined by article 3 of the Regulated Activities Order);
  2. (b) has a total duration (including renewals) of five years or less;
  3. (c) has an annual premium (or the equivalent of annual premium) of €500 or less;
  4. (d) covers the risk of:
    1. (i) breakdown, loss of, or damage to, non-motor goods supplied by the provider; or
    2. (ii) damage to, or loss of, baggage and other risks linked to travel booked with the provider ("travel risks");
    3. (e) does not cover any liability risks (except, in the case of a contract which covers travel risks, where the cover is ancillary to the main cover provided by the contract);
    4. (f) is complementary to the non-motor goods being supplied or service being provided by the provider; and
    5. (g) is of such a nature that the only information that a person requires in order to carry on one of the insurance mediation activities is the cover provided by the contract.