Entire Act

1.2. Insurance Business

1.2.1. Types of Insurance Business

(1) General Insurance Business is Insurance Business in relation to General Insurance Contracts.

(2) Long-Term Insurance Business is Insurance Business in relation to Long-Term Insurance Contracts.

1.2.2. Types of Insurance Contracts

(1) A General Insurance Contract is a Contract of Insurance that falls within one of the categories set out in Schedule 1.

(2) A Long-Term Insurance Contract is a Contract of Insurance that falls within one of the categories set out in Schedule 2.