IPTM7305 - Types of chargeable events
IPTM7100 onwards describes the statutory requirements of insurers to issue chargeable event certificates to the policyholder and HMRC. In order to comply with these requirements, insurers need to be aware of when chargeable events occur on a life insurance policy, capital redemption policy or life annuity contract.
Main categories of chargeable events
Chargeable events are listed at IPTM3400, with exceptions at IPTM3410. There is additional guidance aimed at insurers on