lexiara

6.

The insurance policy referred to in point (b) of paragraph 2 shall have at least all of the following characteristics: it has an initial term of no less than one year; the notice period for its cancellation is at least 90 days; it is taken out from an undertaking authorised to provide insurance, in accordance with Union law or national law; it is provided by a third-party entity.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.