VATINS3100 - Types of insurance: classes of insurance

»Ê¹ÚÌåÓýapp main classes of insurance are specified in Schedule 1 Parts 1 and 2 to »Ê¹ÚÌåÓýapp Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 544/2001). Part 1 covers classes of long-term insurance, such as life and permanent health insurance and Part 2 covers general insurance, such as accident and liability insurance. Regulatory requirements can differ depending upon the class of insurance covered and some insurers may be authorised to provide some classes of insurance and not others.