Excess to requirements. Register of Members . Registered Individual . PIA now uses the terms Independent Practitioner for IFAs, Product Provider for those selling packaged products, and Marketing Associate for company representatives. In certain circumstances, it may be possible to 're-start', or reinstate a policy where premiums have been unpaid for some time.
Conditions vary amongst companies and depending on the policies.
An insurer will try to spread the risk of certain large risks by seeking to reinsure, or share, the risk with other companies in exchange for part of the premium. Reinvestment Relief . Related Property . Related property means separate assets which, when valued together, have a higher value than when valued separately e.g. a pair of antique candlesticks together may be worth 1000, but separately only 300 each. Relevant Benefits .