IPTM1012 - What is not in IPTM
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
Relief for premiums paid by property owners
Insurance commissions: receipt by trader
Insurance commissions: own
Insurance recoveries
Key persons, or 鈥榢eyman鈥� insurance