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Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Health and employment insurance payments

  • Section 735 Health and employment insurance payments
  • Section 736 Health and employment risks and benefits
  • Section 737 Period for which payments may be made
  • Section 738 Risk of significant loss
  • Section 739 Conditions to be met by policies also providing other benefits
  • Section 740 Conditions to be met where policies are linked
  • Section 741 Aggregation of policies where employment ends for health reasons
  • Section 742 Meaning of “the insured”
  • Section 743 Policies for the benefit of others who contribute to premiums
  1. Health and employment insurance payments
  2. Health and employment risks and benefits

Section 736 | Health and employment risks and benefits

From legislation.gov.uk

(1)For the purposes of sections 735 and 737 to 743, a policy insures against a health risk if it insures against the insured becoming, or becoming in any specified way, subject—

(a)to any physical or mental illness, disability, infirmity or defect, or

(b)to any deterioration in a condition resulting from any such illness, disability, infirmity or defect.

(2)For the purposes of sections 735 and 737 to 743, a policy insures against an employment risk if it insures against circumstances arising as a result of which the insured ceases—

(a)to be employed or hold office, or

(b)to carry on any trade, profession or vocation.

(3)For the purposes of section 735, this section and sections 737 to 743, references to insurance against a risk include insurance providing for benefits payable otherwise than by way of indemnity if the circumstances insured against occur.

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