# The Insurers (Winding Up) Rules 2001, Article 6: Valuation of general business policies


Except in relation to amounts which have fallen due for payment before the liquidation date and liabilities referred to in paragraph 2(1)(b) of Schedule 1, the holder of a general business policy shall be admitted as a creditor in relation to his policy without proof for an amount equal to the value of the policy and for this purpose the value of a policy shall be determined in accordance with Schedule 1.

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Source: https://www.legislation.gov.uk/uksi/2001/3635/article/6 (the official version)
Page: https://openlegislation.uk/insurers-winding-up-rules-2001/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.