IPTM6135 - Sickness disability and unemployment insurance: anti- avoidance rules: bundles of benefits from one or more policies: ITTOIA05/S739 & S740

Some policies may provide for payments to be made which do not relate only to a qualifying health or employment risk as described in IPTM6115. For example, a policy that insures against a qualifying health or employment risk could be packaged together and sold as one product with an investment policy or insurance against risks of a different type.

Similarly, a policy that insures against a qualifying health or employment risk may be linked to an investment policy or another insurance policy of a different type.

Policies providing other benefits

Where a policy provides other benefits in addition to those relating to a qualifying health or employment risk, the policy terms that relate to the qualifying health or employment risk must not differ significantly from what they would have been had the policy only insured against the qualifying risk (ITTOIA05/S739).

Linked or connected policies

Where a policy that insures against a qualifying health or employment risk is linked to another policy, the policy terms that relate to the qualifying health or employment risk must not differ significantly from what they would have been had there not been any policies linked to or connected with it (ITTOIA05/S740).