Insurance (Miscellaneous Provisions) Act 2022
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PART 3 Insurance measures report | ||
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Interpretation (Part 3) | ||
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5. In this Part— | ||
“Bank” means the Central Bank of Ireland; | ||
“consumer” means a natural person, in the State, who is acting wholly or mainly for purposes unrelated to the person’s trade, business or profession; | ||
“home insurance” means insurance in respect of the risks classified under classes 8 and 9 in Part 1 of Schedule 1 to the Regulations of 2015; | ||
“insurance intermediary” has the same meaning as it has in the European Union (Insurance Distribution) Regulations 2018 ( S.I. No. 229 of 2018 ); | ||
“insurance undertaking” has the same meaning as it has in Part 4 of the Finance (Miscellaneous Provisions) Act 2015 ; | ||
“motor insurance” means insurance in respect of the risks classified under classes 1(d), 3, 7 and 10 in Part 1 of Schedule 1 to the Regulations of 2015; | ||
“non-life insurance” has the same meaning as it has in the Regulations of 2015; | ||
“non-life insurance contract” means a contract entered into by a consumer with an insurance undertaking or an insurance intermediary in respect of non-life insurance; | ||
“relevant insurance contract” means a contract entered into by a consumer with an insurance undertaking or an insurance intermediary in respect of home insurance or motor insurance, including where that contract provides for insurance in respect of risks other than those referred to in the definition of home insurance or motor insurance, as the case may be. |