Policyholders who are traders or owners of let property may pay insurance premiums for business purposes and receive recoveries or commissions. These are dealt with as follows.
|Relief for premiums paid by traders||Business Income Manual|
|Relief for premiums paid by property owners||Property Income Manual|
|Insurance commissions: receipt by trader||Business Income Manual|
|Insurance commissions: own||Business Income Manual|
|Insurance recoveries||Business Income Manual|
|Key persons, or ‘keyman’ insurance||Business Income Manual|
|Further reference and feedback||IPTM1013|