Insurance Transactions - Definition - Law Dictionary Home Dictionary Definition insurance-transactions

Definition :

Insurance transactions, is broad enough in principle to include the provision of insurance cover by a taxable person who is not himself an insurer but, in the context of a block policy, procures such cover for his customers by making use of the supplies of an insurer who assumes the risk insured, Card Protection Pland v. Customs Comrs. (E.C.J.), (1999) 3 WLR 203.