# The Friendly Societies (Long Term Insurance Business) Regulations 1987, Part II: CLASSES OF SUPPLEMENTARY BUSINESS


Number
Description
Nature of business
1
Accident.
Effecting and carrying out contracts of insurance providing fixed pecuniary benefits or benefits in the nature of indemnity (or a combination of both) against risks of the person insured or, in the case of a contract made by virtue of section 140, 140A or 140B of the Local Government Act 1972, a person for whose benefit the contract is made–
(a) sustaining injury as the result of an accident or of an accident of a specified class, or
(b) dying as the result of an accident or of an accident of a specified class, or
(c) becoming incapacitated in consequence of disease or of disease of a specified class,
inclusive of contracts relating to industrial injury and occupational disease but exclusive of contracts falling within class 2 below or within class IV in Part I of this Schedule (permenant health).
2.
Sickness.
Effecting and carrying out contracts of insurance providing fixed pecuniary benefits or benefits in the nature of indemnity (or a combination of the two) against risks of loss to the persons insured attributable to sickness or infirmity, but exclusive of contracts falling within class IV in Part I of this Schedule.

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Source: https://www.legislation.gov.uk/uksi/1987/2132/schedule/1/part/II (the official version)
Page: https://openlegislation.uk/friendly-societies-long-term-insurance-business-regulations-1987/schedule-1/part-II
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.