This annex belongs to ICOBS 6.-1.4R
The table in this annex modifies the general rules on the responsibilities of insurers and insurance intermediaries for producing and providing to a customer the information required by this chapter. The table does not include the responsibilities of insurers and intermediaries for producing the IPID (ICOBS 6.-1.5R).
Situation | Insurance intermediary's responsibility | Insurer's responsibility | |
(1) | Insurance intermediary operates from UK establishment | Production and providing | None |
(2) | Insurance intermediary does not operate from UK establishment, is not authorised, is selling connected contracts or is authorised professional firm carrying on non-mainstream regulated activities | None | Production and providing (but for pure protection contracts no policy summary is required unless the insurance intermediary does not operate from a UK establishment) |
(3) | As (2) but customer habitually resident outside the United Kingdom and insurer not in contact with the customer | None | None |
(4) | As (2) but customer habitually resident outside the United Kingdom and insurer in contact with the customer | None | Production and providing |
(5) | Insurance intermediary does not operate from UK establishment | None | Production and providing |
(6) | Where ICOBS 6.5.1R applies | Production and providing, as appropriate, where dealing with a consumer on renewal | Production and providing, as appropriate, where dealing with a consumer on renewal |