216 Continuity of long-term insurance policies

216  Continuity of long-term insurance policies

(1)     The compensation scheme may, in particular, include provision requiring the scheme manager to make arrangements for securing continuity of insurance for policyholders, or policyholders of a specified class, of relevant long-term insurers.

(2)     “Relevant long-term insurers” means relevant persons who—

(a)     have permission to effect or carry out contracts of long-term insurance; and

(b)     are unable,

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