Distribution of connected contracts through exempt persons (ICOBS 2.6)

Where an insurance intermediary is distributing products through a person relying on the connected contracts exempt then they must still ensure that the following are met: –

• They are acting in the customers best interests including remuneration structures;
• Communications with customers including marketing communications are clear, fair and not misleading;
• Statutory disclosure requirements;
• Demands and needs and provision of appropriate information to allow customers to make an informed decision;
• IPID where required is provided;
• Cross selling rules.