349 Meaning of “qualifying insurance contract”
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

349  Meaning of “qualifying insurance contract”

(1)     In section 346 “qualifying insurance contract” means a contract of insurance which meets conditions A, B, C and D.

(2)     Condition A is that, so far as the risks insured against are concerned, the contract only relates to one or more of the following—

(a)     the indemnification of an employee against a liability related to the employment,

(b)     the indemnification of a person against vicarious liability in respect of a liability related to another person's employment,

(c)     the payment of costs or expenses incurred—

(i)     in connection with a claim that

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