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life policy

  1. 21(1) (except in COB, AUTH App 1 and AUTH App 5):11
    1. (a) (in accordance with the definition of "qualifying contract of insurance" in article 3(1) of the Regulated Activities Order) a long-term insurance contract other than a reinsurance contract and a pure protection contract; or11
  2. (2) (in COB except COB 3):11
    1. (a) a long-term insurance contract in (1) or11
    2. (b) a pension policy.11
  3. (3) (in COB 3, AUTH App 1 and AUTH App 5) a long-term insurance contract in (1) (a) or a pension policy.2111