CTHIn ForceAct
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003
26ERun‑off cover taken to be provided under contract of insurance
Start here
Get a plain-English read of 26E
Turn the raw legal text into a practical explanation grounded in Medical Indemnity (Prudential Supervision and Product Standards) Act 2003.
#### 26E Run‑off cover taken to be provided under contract of insurance
(1) If the insurer provides medical indemnity cover under section 26A or 26C, there is taken, for all purposes (other than the purposes specified in the regulations), to be a contract of insurance between:
(a) the insurer; and
(b) the person to whom the medical indemnity cover is provided;
under which the medical indemnity cover is provided.
(2) This section applies:
(a) despite the insurer not receiving any premium or other consideration for providing the medical indemnity cover; and
(b) whether or not the medical indemnity cover was provided by means of the person to whom it was provided accepting an offer from the insurer to provide it.