A risk is deemed to be located in an European Union or European Economic Area member state if it is:
(a) a building (and its contents issued under the same policy) situated in that state;
(b) a motor vehicle, ship, yacht or aircraft registered in that state;
(c) a travel policy for four months or less taken out in that state.
For any other type of insurance (including a life insurance) it is an individual if the policyholder is habitually resident in the member state or a business or an organisation if the establishment to which the contract relates is situated in that state.
