Types of chargeable events
IPTM7100 onwards describes the statutory requirements ofinsurers to issue chargeable event certificates to the policyholder and HMRC. In order tocomply with these requirements, insurers need to be aware of when chargeable events occuron a life insurance policy, capital redemption policy or life annuity contract.
Main categories of chargeable events
- excess events at IPTM7615 onwards
- part surrender and assignment events at IPTM7625 onwards
- personal portfolio bond events at IPTM7700 onwards.
|Further reference and feedback||IPTM1013|